ON4 COMMUNICATIONS ANNOUNCES DISTRIBUTION DEAL WITH CAPOLI SALES
New York, NY -- December 05, 2017 -- InvestorsHub NewsWire -- On4 Communications, Inc. (OTC :ONCI) - today announced it has signed a distribution contract with Capoli Sales and adds 17 new salespeople to the Bsafe Mobile team.
CEO Steve Berman states, "We are pleased to announce that we have signed a contract with Capoli Sales to represent Bsafe Mobile, Bfound Mobile and Fleet Safer in 15 states including NY, NJ, PA, DE, MD, WA, VA, NC, SC, GA, AL, MS, TN and FL. Capoli sales has been around for over 35 years and is the leader in distribution of all products to both dealers and auto parts stores as well as fleet services from NY to FL. This contract is expected to bring in well over $3 million annually and, along with our contract with Scully Lemoine, gives us major distribution from Maine to Florida. The opportunity to associate with Capoli gives us instant credibility with both dealerships and auto parts stores throughout the east coast and adds another 17 sales people to our ever growing sales force"
"We are also pleased to announce that we have signed a contract with a 4 dealership group in Georgia with brands including Chevy, Jeep, Toyota and Nissan. Each dealership will take 50 units per month at $200 for a total of $40,000 per month and $480,000 per year."
"As I have stated before we are in the perfect perfect storm of the business cycle as our brands get more and more recognition. Updates on all deals and new revenue contracts to come shortly" 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.