On4 Communications, Inc. (OTC:ONCID) has signed an important contract with Texas dealer Group, that includes Dodge, Hyundai (OTC:HYMLF), Chevy, Ford (NYSE:F), Toyota (NYSE:TM), GMC (NYSE:GM), Lexus, and Nissan (OTC:NSANY).
Steve Berman, CEO of On4, states “This contract is for 8 dealerships in Texas. The 8 dealerships will take a total of 600 units per month at $200 per unit which is $120,000 per month and $1,440 million per year. The units will be delivered in Feb 2018.”
Berman continued, “We are also pleased to announce a distribution agreement with Scully Lemoine Marketing Associates which sells to Dealer groups and Auto Parts Stores in all 6 States in New England including Mass, CT, VT, NH, ME and RI.
“Through this Distribution Partnership, we will be able to create additional revenue in the auto parts retail operations of both large and small auto parts stores throughout New England. Scully distributes such brands as Carleson Bruske, Evans Cooling, CEMB, Ideal, and many others and specializes only in The New England area. They are a major name there and have been in business for 30 years. We expect this partnership to bring in well over 2 million dollars per year.
“I am in late-stage talks with 3 major corporations including 1 state-sponsored entity from the Dubai Auto Show.
“Financials will be filed on time. Updates and other revenue contracts and major significant new developments are awaiting signatures,” Berman concluded.
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