Connect with us

Technology

Why On4 Communications Inc (OTCMKTS:ONCI) Is In Focus?

Published

on

In the last trading session, the stock price of On4 Communications Inc (OTCMKTS:ONCI) declined more than 7% to close the day at $0.0058. The decline came at a share traded volume of 16.04 million compared to average share volume of 29.99 million. Post the recent decline, the market cap of firm was noted at $2 million.

The buzz

On4 Communications has executed a deal with Garden City Nissan, as well as its other four dealerships. It should be noted that Garden City is the leading Nissan dealer across the world. Steve Berman, the CEO, expressed that they are delighted to report this deal with Garden City Nissan along with its other dealerships in Westchester, Orange County, and Long Island including two more Nissan dealerships, Volvo and Ford.

Garden City Nissan intends to take 300 units a month while the other two Nissan stores will take 75 units each in a month, with Volvo and Ford taking 50 units each a month for total of 550 units a month at $250, amounting $137,500 in monthly orders and a total of $1.65 million in a year. Garden City Nissan as well as the other dealers will get units mid-February.

Berman added that with the finalization of this dealer group it will provide them the credibility they require to get into every dealership of Nissan in the USA. They have been focused on this deal for over six months and finally concluded last week. This marks by far the biggest exclusive dealership they have finalized and, as he stated, it gives them entry into other Nissan Dealership in the nation.

In unrelated news, On4 Communications reported that it has finalized a distribution deal with Cataclean Corp for Ireland and Great Britain for BsafeMobile. The CEO expressed that they are delighted to report a deal with Cataclean Corp to exhibit Bsafe Mobile Bfound Mobile as well as all other items they create in Ireland and Great Britain.

TRENDING STORIES

Business1 week ago

Hemp Inc (OTCMKTS:HEMP) Looks to Garner Support on Expansion and CBD Talk

Hemp Inc (OTCMKTS:HEMP) shares recently slipped under technical support in the $0.025. The stock has possibly found some bids in...

INDUSTRIAL HEMP2 weeks ago

How to View the Current Action in Hemp Inc (OTCMKTS:HEMP)

One stock that has started to key on potential support in a lateral range is Hemp Inc (OTCMKTS:HEMP). The stock...

INDUSTRIAL HEMP5 months ago

Near-Term Headwinds Hit Scotts Miracle-Gro Co (NYSE:SMG) With A Huge Impact

Bank of America Corp (NYSE:BAC) has disclosed that Scotts Miracle-Gro Co (NYSE:SMG) has lately been experiencing several near term risks....

INDUSTRIAL HEMP5 months ago

Argitek Holdings Inc (OTCMKTS:AGTK) To Focus On Acquisition, Revenues & Profitability In 2018

Argitek Holdings Inc (OTCMKTS:AGTK) recently revealed that in 2018, the company’s main focus will be the acquisition, revenues, and profitability....

INDUSTRIAL HEMP5 months ago

PharmaCyte Biotech Inc (OTCMKTS:PMCB) Completes Pore Size Studies & 29 Tests Useful In Pancreatic Cancer Therapy

PharmaCyte Biotech Inc (OTCMKTS:PMCB) has said that the cells it is planning to use in the clinical trial in patients...

INDUSTRIAL HEMP5 months ago

Puration Inc (OTCMKTS:PURA) To Apply For Canadian Recreational Cannabis Cultivation License; To Give EVERx CBD Sports Water Free Samples

Puration Inc (OTCMKTS:PURA) recently announced that it will be applying for the Canadian recreational cannabis cultivation license. The confirmation came...

INDUSTRIAL HEMP5 months ago

Marijuana Company Of America Inc (OTCMKTS:MCOA)’s JV Completes 10,000 Sq. Ft. Greenhouse Set up; Provides Update on Oregon Project

Marijuana Company Of America Inc (OTCMKTS:MCOA) recently announced that its Joint Venture with Bougainville Ventures Inc. based in Washington has...

INDUSTRIAL HEMP5 months ago

Lifestyle Delivery Systems Inc.(OTCMKTS:LDSYF)’s CSPA Group Inc. Receives 15000 Reveur Units & 300 Liters Distillates’ Purchase Orders In Two Different Deals

Lifestyle Delivery Systems Inc. (OTCMKTS:LDSYF) recently made two big announcements related to the receipt of two open purchase orders to...

INDUSTRIAL HEMP5 months ago

Viaderma Inc (OTCMKTS:VDRM) Provides Update On Its Flagship Product Vitastem; Signs $250,000 Agreement With Vage Nigeria Ltd.

Viaderma Inc (OTCMKTS:VDRM), a publicly traded specialty pharmaceutical company recently announced an update on the sales of its flagship product...

INDUSTRIAL HEMP5 months ago

Plandai Biotechnology Inc (OTCMKTS:PLPL) Phytofare Gaining Traction in International Markets

Plandai Biotechnology Inc (OTCMKTS:PLPL) recently issued an update following the successful launch of its Phytofare® supplement. Plandai Biotechnology is a...

Advertisement
Advertisement

Crop Infrastructure

 

Trading Symbol

OTC: CRXPF

CSE: CR0P

For The Next Big Wave In Marijuana Profits 

 

Big Profits From The Cannabis Land Rush