|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0002 - 0.0003|
|52 Week Range||0.0001 - 0.0038|
|Beta (3Y Monthly)||-7.44|
|PE Ratio (TTM)||∞|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
NEW YORK, July 01, 2019 -- via OTC PR WIRE -- On4 Communications (OTCPINK: ONCI) is pleased to announce the following corporate update from CEO Steve Berman: BUSINESS.
LOS ANGELES, June 05, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- On4 Communications, Inc. (ONCI) is very pleased to announce that a major insurance compliance milestone has been reached on the developmental pathway to bringing its new telematic distracted driving apps, “bSafeMobile” and “FleetSafer”, to market. CEO Steve Berman explained, “With the recent arrival of our new beacons from our technology partners in Asia we have updated our proprietary software to fully comply with the revised requests of our insurance providers. “Implementing these updates assures that our apps now meet the insurance companies’ most current and stringent guidelines.
Mobile dentistry for seniors is a huge opportunity and is a niche that does not have many players in it. Most seniors need dental care and its extremely difficult for them to get out and go to the dental clinic.
Shareholders, I am happy to report that we have reduced the OS of On4 Communications by 1.4 billion shares. The new OS is now 3,105,705,518. In addition, we are working with the past CEO to retire the 30 million preferred shares that are on the books.
The company generated sales revenues of over $4.551 million during the 12 months ending 10/31/18 compared with sales revenue totaling $1.679 million for the 12 months ending 10/31/17 representing a 171% increase. The company expects revenue to grow as we open new lines of business and start new ventures. On September 14, 2018 the Company announced that it had signed a letter of intent to purchase 75% of a Craft Cannabis called Sifthouse BC for a total consideration of $1 million contingent upon Sifthouse BC obtaining a license to distribute Cannabis related product in Canada.