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[QUOTE]Originally posted by YellowSubmarine: [QB] OMOG -- going back to $0.02+ right away....!!! The OMOG CEO is going to ram it to the thieves, then the bashers on RB. [b]OMOG Website News: http://www.omogoil.com/omog28.pdf OMDA Oil & Gas - parties to lawsuit attend mediation meeting As previously announced, OMDA Oil & Gas, Inc. has been involved in an ongoing lawsuit against former management. The original suit, filed March 29th 2005 , sought the return of significant assets including numerous producing and non-producing wells, as well as actual monetary damages. Adam Barnett and legal counsel from the firm Zimmerman, Axelrad, Meyer, Stern & Wise attended a mediation hearing yesterday, March 14th. This mediation was an attempt to settle the above referenced lawsuit before the trial date next month. Adam Barnett, Chairman, stated, I could not be more pleased that this lawsuit is now reaching the settlement stage. I was very happy with the mediation yesterday and the fine job that our legal counsel did in representing us throughout the proceeding. Barnett went on to say, While I can not comment on the fine points concerning the events yesterday, I feel confident that the shareholders of OMDA Oil & Gas, Inc. will be very pleased with the outcome. I hope to have all finalized paperwork resulting from the mediation soon, and I look very forward to announcing all details in a formal press release in the weeks to come.[/b] . [/QB][/QUOTE]
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