ON4 COMMUNICATIONS ANNOUNCES A NEW 2000 UNIT $400,000 CONTRACT FOR FEBRUARY DELIVERY

Date : 11/07/2017 @ 10:13AM
Source :InvestorsHub NewsWire
Stock : On4 Communications, Inc. (PC) (ONCI)
Quote : 0.0063  0.0005 (8.62%) @ 4:10PM

ON4 COMMUNICATIONS ANNOUNCES A NEW 2000 UNIT $400,000 CONTRACT FOR FEBRUARY DELIVERY

ON4 COMMUNICATIONS ANNOUNCES A NEW 2000 UNIT $400,000 CONTRACT FOR FEBRUARY DELIVERY

 

New York, NY -- November 7, 2017 -- InvestorsHub NewsWire -- On4 Communications, Inc. (OTC :ONCI) is pleased to announce that it has executed a 2000 unit contract with a large European Taxi Company.

CEO Steve Berman states, "We are pleased to announce this contract with a major European Taxi Service with locations in Czech Republic, Hungary and Romania. They will be taking 500 units per month for 4 months beginning February 2018. Each unit is $200 totaling $100,000 per month and a grand total of $400,000 ."

"We are also pleased to announce that we have signed a contract with former NASCAR team owner Bill Jenkins. Bill will be a consultant to the company. Bill has a vast marketing background and will be a major asset to the company.

"In addition, we have secured 12 major meetings at the Dubai Auto Show starting Nov 14 with major clients including:


1.      Taxi Watani

2.      Careem (Uber for Middle East)

3.      Tammimi Transport

4.      Al Naghi Group

5.      Key Rent a car

6.      Muhaidib Group - Integrated Transport Co

7.      Ministry of Transport Saudi

8.      RTA Dubai

9.      Al Futtaim (major auto distributor)

10.  Al Jomaih (GM distributor)

11.  Juffali (Mercedes Saudi)

12.  SAPTCo (Bus company)

 

"All clients will be testing units prior to our meetings next week. We will also be meeting with other major companies in the Middle East to discuss their distracted driving needs. These meetings are huge and represent a large cross section of both consumer and commercial groups."

"Last 10 days I was in Kuala Lumpur meeting with 4 Cellular telephone companies and securing our first Asian factory deal. Closing is expected in February 2018. We expect to re-tool the facility in the next couple of months and will be able to produce an additional 4000 units per month. We have a letter of intent for the next 3000 sq ft facility to come online mid 2018."

"Please also note that all questions for the conference call on Friday can be sent to on4company@gmail.com and we will answer as many of them as we can on the call."

"Meeting with Lawyers all day today to finalize exciting new revenue contracts and global opportunities." 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.

 

Forward-Looking Statement

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.

On4Company@gmail.com

(323) 487-0389

Source: On4 Communications, Inc.

 

 

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