New York, NY -- November 29, 2017 -- InvestorsHub NewsWire -- On4 Communications, Inc. (OTC:ONCI) today announced it has signed a major new contract with Texas dealer Group with brands including Dodge, Hyundai, Chevy, Ford, Toyota, GMC Lexus and Nissan.
CEO Steve Berman states, "This contract is for 8 dealerships in Texas, The 8 dealerships will take a total of 600 units per month at $200 per unit which is $120,000 per month and 1,440.million per year. The units will be delivered in Feb 2018."
"We are also pleased to announce a distribution agreement wit Scully Lemoine Marketing Associates which sells to Dealer groups and Auto Parts Stores in all 6 States in New England including Mass, CT,VT,NH,ME and RI."
"Through this Distribution Partnership we will be able to create additional revenue in the Auto parts retail operations of both large and small auto parts stores throughout New England, Scully distributes such brands as Carleson Bruske, Evans Cooling, CEMB, Ideal and many others and specializes only in The New England area. They are a major name there and have been in business for 30 years. We expect this partnership to bring in well over 2 million dollars per year."
"I am in late stage talks with 3 major corporations including 1 state sponsored entity] from the Dubai Auto Show."
"Financials will be filed on time. Updates and other revenue contracts and major significant new developments are awaiting signatures," 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.