On4 Communications Inc Files Q1 Financials and Reports Initial Revenue Flow

Date : 03/15/2017 @ 3:45PM
Source :InvestorsHub NewsWire
Stock : On4 Communications, Inc. (PC) (ONCI)
Quote : 0.0016  0.0 (0.00%) @ 6:30PM

On4 Communications Inc Files Q1 Financials and Reports Initial Revenue Flow

New York, NY -- March 14, 2017 -- InvestorsHub NewsWire -- On4 Communications, Inc. (OTC Pink: ONCI) is proud to announce that they have released their fiscal Q1 earnings on OTC Markets and reported The Company’s first ever revenues.

ONCI CEO Steve Berman states, “I am proud to announce the first ever revenue flow for On4 Communications which initiated in November 2016 from our initial FMS Clients.”

“I also wish to assure our shareholders that we are lowering ONCI’s O/S by 1.5B shares as previously stated and advise our shareholders to please watch for a Supplemental Filing on OTC Markets for the O/S reduction to be reflected soon. As well, we’re currently in the process of redomiciling On4 Communications in the State of Colorado and delivering on our earlier promise of reducing ONCI’s Authorized Shares.”

“It bears noting that our reported Q1 revenues only represent the initial FMS purchase orders which began to flow into the company at the end of November 2016. ONCI has now entered a bold new era of growth during fiscal Q2 and I very much look forward to renewed communication to market on several exciting growth driving fronts over the next several weeks” 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.

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. 




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