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OneFi Technology, Inc. Announces Third Quarter Revenue Projections of $20,000,000
Jun 10, 2009 7:25:00 PM
LOS ANGELES, CA -- (MARKET WIRE) -- 06/10/09 -- OneFi Technology, Inc. (PINKSHEETS: ONFI) projects revenues to exceed $20,000,000 for the 3rd quarter ending September 30, 2009. Chet Noblett, Chairman and President of OneFi Technology, said, "This is an estimate when you consider all the positive things happening with the Company such as the Navajo Nation contract announced, contracts being negotiated with other Indian Reservations, the OneFi share of the Federal Government's Stimulus package for broadband connectivity in rural communities and the potential business in the Gulf Cooperation Council Nations through our strong contacts in Saudi Arabia. There are other very positive contracts and agreements in process to be announced in the near future."
About OneFi Technology, Inc.
OneFi Technology, Inc. is a WiMax company developing broadband networks that are capable of 4G compatible (4th generation capability). OneFi Technology's focus is on rural communities and developing countries. WiMax is a wireless technology for the delivery of broadband internet.
This press release contains certain "forward-looking statements" within the meaning of federal securities laws including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions. Although the Company believes that the statements were reasonable when made, these forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: competitive and general economic conditions, adverse effects of litigation, the timely development and acceptance of our products and services, significant changes in the competitive environment, the failure to generate or the loss of significant numbers of customers, the loss of senior management or increased government regulation.
Contact: OneFi Technology, Inc. Investor Relations Tom White Email Contact
-------------------- " Cash is King " Posts: 1102 | From: NJ | Registered: Mar 2006
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Currently at .034 .... up 224% !! Hit .04 earlier this morning , up 281%. Volume has seen a huge increase, 8X the 10-day average. Another " Morning ALERT " from O T C R E P O R T E R . C O M !!
-------------------- " Cash is King " Posts: 1102 | From: NJ | Registered: Mar 2006
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Can't believe NO ONE on this site follows these guys. JNIP, SFIO, SMWF, NTRO, IGNT and now ONFI. All HUGE gainers. Been GREEN for the last 2 months with their ALERTS. Oh well, you can lead a horse to water but you can't make him drink .... jmho
-------------------- " Cash is King " Posts: 1102 | From: NJ | Registered: Mar 2006
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Oh Joe....probably people like me that had this one when it was RDWG and was down 99% after the R/S of 1:1429 in March. Now with this big move I'm only down 98.5%. Great for anyone that WASN'T in this one until the last few days.
A lot of these tout services have had a lot of winners lately. I think a lot of them are brothers or something as they always have the same pick (Stock Egg, Stock Stars, ******, OTC Picks...and even have the infamous Willy Wizard copying their picks [because he sucked so bad on his own]). There is money to be had...just wish I had some ;> But if this $20M is real (in pinky land I believe NOTHING) and with the low low float, it could run a long way. GLTU
Posts: 837 | From: Madison, WI | Registered: Sep 2005
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Hey Joe Don't think nobody is paying attention. Remember, just because you don't see the horse drink the water does not mean the horse isn't drinking it.
Posts: 4 | Registered: Jun 2009
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quote:Originally posted by sunny: Congrats to you! You do great DD. Keep up the great work.
Thank you sunny. That $20 million news release is probably VASTLY inflated but, it was enough to get the movement I was hoping for. We all know that 99% of these pennies and sub-pennies are ****. When you get a profit, take it and run. NEVER fall in love with a stock and NEVER ride it down into oblivion. Hence my Quote, " Cash is King ".
-------------------- " Cash is King " Posts: 1102 | From: NJ | Registered: Mar 2006
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I learned the hard way...play the news, or the charts. Either way, glad you took your profit. I always hate to see a runner like this and people refuse to take profit, and just watch it go back down. (I've done it before. Hard lesson to learn, but eventually I got it! Never again...lol)
-------------------- "The greatest argument against democracy is a five minute conversation with the average voter." (WC) Posts: 386 | From: Georgia | Registered: May 2009
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I figured based on a .0001 x .0002 at the time of the Reverse Split, this will have to trade at .285 x .57 to get back to post split levels. Bad for those in the R/S....but great for all those that played it today. One day I will be the REVERSER, not the REVERSEE!
-------------------- I may be wrong, but I don't think so.... Posts: 837 | From: Madison, WI | Registered: Sep 2005
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quote:Originally posted by Average Joe: Can't believe NO ONE on this site follows these guys. JNIP, SFIO, SMWF, NTRO, IGNT and now ONFI. All HUGE gainers. Been GREEN for the last 2 months with their ALERTS. Oh well, you can lead a horse to water but you can't make him drink .... jmho
What group are you talking about?
-------------------- Let's Go METS!!! Posts: 3317 | From: CT | Registered: Dec 2006
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quote:Originally posted by Average Joe: Can't believe NO ONE on this site follows these guys. JNIP, SFIO, SMWF, NTRO, IGNT and now ONFI. All HUGE gainers. Been GREEN for the last 2 months with their ALERTS. Oh well, you can lead a horse to water but you can't make him drink .... jmho
What group are you talking about?
O T C R E P O R T E R . C O M " Morning Stock ALERTS ". They're FREE. Just sign-up and they send the ALERTS at nite or just check the site first thing in the morning. No chat room, just stocks. All these groups run hot and cold but, they have had some of the biggest gainers the past two months. I still do my DD but, their new ones have had great gains the first day or two.
-------------------- " Cash is King " Posts: 1102 | From: NJ | Registered: Mar 2006
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