ON4 COMMUNICATIONS ANNOUNCES A NEW 3000 UNIT $600,000 CONTRACT FOR JANUARY DELIVERY
New York, NY -- October 24, 2017 -- InvestorsHub NewsWire -- On4 Communications, Inc. (OTC: ONCI) is pleased to announce that it has executed a 3000 unit contract with a large middle eastern multinational company with a fleet of vehicles which tops 7500 cars, Suv's and trucks.
CEO Steve Berman states, "We are pleased to announce this contract with a major multinational company with over 7500 vehicles. They will be taking 750 units per month for 4 months beginning JAN 2018. Each unit is $200 totaling $150,000 per month and $600,000 over the course of 4 months. If our customer is satisfied they will be taking another 4500 units at $200 totaling $900,00 over the next 8 months beginning Aril 2018."
"We are also pleased to announce that we have signed a contract with a large after market group with access to 450 dealerships throughout Florida, Alabama, Louisiana, Georgia, South Carolina, North Carolina and Virginia. This group will be selling Bsafe Mobile and Bfound mobile into its dealer network. This adds approximately 450 prospective clients to the Bsafe Family. These types of deals expands our reach to get more products into the pipeline."
"More revenue contracts and updates on 2 of our beta apps later this week," CEO Steve Berman concludes.
About On4 Communications
On4 is a holdings company with an aggressive focus of acquiring proven and profitable businesses. Our first project is focusing on businesses operating in the $1.7 trillion U.S. healthcare industry. Our newest targeted businesses are operating in the trillion-dollar mobile App space. Our first acquisition in the mobile App space is FMS Marketing a global creator and distributor of mobile Apps for Android and Iphones. We are also targeting businesses to acquire and joint venture with in the medical marijuana and emerging MJ ancillary products space.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements, as described in our reports filed with the Securities and Exchange Commission which are available for review at www.sec.gov, to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
On4 Communications, Inc.
Source: On4 Communications, Inc.