ONCI Increases Revenue by Securing 8 New Vendors in Florida
New York, NY -- January 24, 2017 -- InvestorsHub NewsWire -- On4 Communications, Inc. (OTC Pink: ONCI) is proud to announce that they have secured 8 new Auto Dealer Vendors in Florida State for their premium FMS Drive Safe App.
ONCI CEO Steve Berman states, I am proud to announce our expansion into Florida. As previously mentioned in earlier press, it takes approximately 6 months for full vendor implementation. For this particular group of Vendors, we have extrapolated attaining an average $7K in recurring monthly revenue per vendor. With the demand for our FMS Drive Safe App service now gaining an incredible amount of traction amongst auto dealers, I will be returning to Florida in approximately 3 weeks to close on 10 more auto dealers who have already expressed a great deal of interest.
I will also be lowering our O/S by 1.5B shares as previously stated and advise our shareholders to please monitor our filings on OTC Markets for these pending changes to soon be reflected. These are very exciting times for ONCI and our shareholders and I look forward with a great deal of optimism to the journey ahead CEO 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.
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