$ONCI Retires 52% of Outstanding Shares
February 4th, 2010 at 9:30 am Posted by
The Dean’s been teaching the entire student body why they should Get Ready for an Encore and Track Their Assets with $ONCI.
$ONCI operates in the GPS market expected to reach $75 billion by 2013 and has patent pending CDMA (code division multiple access) technology.
Early this morning, $ONCI announced the closing of shareholder debt, which requires the company to retire 52,223,931 shares—52% of of its outstanding shares.
The Dean told his students this catalyst could take place this week and now it has.
In fact, $ONCI press release suggests this is a “big step in the right direction to build structure and stability for [the company] and its shareholders” and The Dean believes today could be quite an exciting day for $ONCI.
With $ONCI’s recent discussions with GSM service providers, The Dean thinks $ONCI is poised to explode in North America, Europe, and, the two largest CDMA markets in the world, India and China.
What’s even better about GSM is that it makes up 82% of the global market with more than 2 billion users in 219 countries.
Technology keeps on growing, with no shortage of demand, and The Dean believes $ONCI and their location based services (LBS) products have massive potential in a market that doubled last year alone.
The markets are about to open and The Dean thinks $ONCI is primed and ready to go.
