$ONCI: Get Ready for an Encore
February 3rd, 2010 at 4:30 pm Posted by The Dean
The Dean has a great feeling about 2010 and with so many winners, in such a short period of time, why not go for another one?!
On4 Communications, Inc. (OTC: ONCI.OB) provides wireless communication services to telecommunication companies, businesses and consumers, including GPS device management and location based services capabilities such as asset tracking.
$ONCI not only operates in the GPS market expected to reach $75 billion by 2013 but also has patent pending CDMA (code division multiple access) technology.
Through its location based services platform, $ONCI plans to develop various wireless services for the 300 million smartphone users around the globe.
The Dean thinks $ONCI could receive a lot of attention because their technology platform allows location devices to connect to any wireless network—Sprint (NYSE: S), AT&T (NYSE: T), Verizon (NYSE: VZ)—name it.
$ONCI recently announced the cancellation of more than 52 million common shares, which would reduce the company’s shares by more than 50% and, even better, this catalyst could ignite this week.
This morning, $ONCI initiated discussions with GSM device providers. The Dean believes this news has profit potential written all over it because a CDMA and GSM product offering could open doors in North America, Europe and even in Asia, where India and China top the list as the largest CDMA markets in the world.
That same exciting press release also tells us that GSM is widely used in the mobile market and makes up 82% of the global market with over 2 billion users in more than 212 countries.
The Dean’s been on fire lately and $ONCI could be just the beginning of an encore.
