SEC Comment Letter for ON4 COMMUNICATIONS INC. (ONCI) (CIK 0001300867) — Jan 14, 2022
ON4 COMMUNICATIONS INC. (ONCI) (CIK 0001300867)
Date: Jan. 14, 2022 · CIK: 0001300867 · Accession: 0000000000-22-000523
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File numbers found in text: 024-11747
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United States securities and exchange commission logo
January 14, 2022
Steve Berman
Chief Executive Officer
On4 Communications, Inc.
44 West 44th Street
New York, NY 10036
Re:On4 Communications, Inc.
Amendment No. 1 to Offering Statement on Form 1-A
Filed January 5, 2022
File No. 024-11747
Dear Mr. Berman:
We have reviewed your offering statement and have the following comments. In some
of our comments, we may ask you to provide us with information so we may better understand
your disclosure.
Please respond to this letter by amending your offering statement and providing the
requested information. If you do not believe our comments apply to your facts and
circumstances or do not believe an amendment is appropriate, please tell us why in your
response. After reviewing any amendment to your offering statement and the information you
provide in response to these comments, we may have additional comments.
Amendment No. 1 to Form 1-A
Cover Page
1.Please revise the cover page to disclose the voting power held by Steve Berman, the Chief
Executive Officer. We note that Mr. Berman owns 25 million shares of Series A
Preferred Stock which entitles him to 5,000 votes per share and has voting control of the
company.
Exhibits
2.In response to prior comment 5, you indicate that the articles of incorporation and bylaws
were previously filed. Please revise to indicate the prior filings in which the articles of
incorporation and bylaws were filed or provide a hyperlink.
We will consider qualifying your offering statement at your request. In connection with
your request, please confirm in writing that at least one state has advised you that it is prepared
FirstName LastNameSteve Berman
Comapany NameOn4 Communications, Inc.
January 14, 2022 Page 2
FirstName LastName
Steve Berman
On4 Communications, Inc.
January 14, 2022
Page 2
to qualify or register your offering. If a participant in your offering is required to clear its
compensation arrangements with FINRA, please have FINRA advise us that it has no objections
to the compensation arrangements prior to qualification.
We remind you that the company and its management are responsible for the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action or absence of
action by the staff.
You may contact Jan Woo, Legal Branch Chief, at (202) 551-3453 with any questions.
Sincerely,
Division of Corporation Finance
Office of Technology
cc: Matheau Stout, Esq.