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On4 Communications Inc (OTCMKTS:ONCI) Reports $1.44 Million Deal With A Texas Dealer Group

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On4 Communications Inc (OTCMKTS:ONCI) has signed a major new deal with Texas dealer Group with different brands including Chevy, Ford, Dodge, Hyundai, GMC Lexus, Nissan and Toyota. Steve Berman, the CEO, stated that this deal is for eight dealerships in Texas. These eight dealerships will take 600 units a month at $200 per unit. This makes $120,000 a month, which will amount to $1,440 million a year. These units will be delivered next year in February.

The details

Steve Berman, the CEO of On4 Communications, expressed that they are delighted to report a distribution deal with Scully Lemoine Marketing Associates, which offers to Auto Parts Stores and Dealer groups in all six states in New England including VT, NH, Mass, CT, ME and RI.

Through this distribution association, they will be able to establish increased revenue in the auto parts retail activities of both small and large auto parts outlets throughout New England. Scully supplies such brands as Evans Cooling, Carleson Bruske, Ideal, CEMB and several others and specializes merely in The New England area. They are a key name there and have been in operation for 30 years. They project this association to bring in well more than $2 million per year.

Berman added that he is in late stage discussions with three major firms including one state sponsored firm from the Dubai Auto Show. Financials will be submitted on time. Other revenue deals, updates and major considerable new advancements are awaiting signatures.

On4 is a holdings entity with an aggressive focus of acquiring profitable and proven businesses. Their initial project is focusing on operations in the $1.7 trillion U.S. healthcare segment. Their newest targeted operations are active in the trillion-dollar mobile App segment. Their first deal in the mobile App segment is FMS Marketing an international distributor and creator of mobile Apps for iPhones and Android.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of MMJReporter.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

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