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Author Topic: OHNA breakout run this week
cheese!
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OHNA looks poised for a big run this week. Stock is at 0.027, just above its 52 week low. Its had a ride upto 0.06 on just 12 mill volume, and it's been as high as 0.08. Thin float, moves up easily, getting some action recently. Quite a bit of talk about it, because of the good company PR's. Spoke to the company, some positive Pr expected this week, keep an eye out for them.
Definitely a good short term trade, IMO.

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naviagreene
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OHNA..I've heard about this one, will have to check it out, will do more DD and see what else I can find. Do you know the float, or any details about what's going on within the company? Seems pretty decent at first glance though.

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stockbuzz
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OHNA float i think around 45 mill. One board on investors hubb is really talking about it, that's where it got this from, but at the same time another post said its 15 mill. Take a pick

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novocain
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Stock...pretty sure the float is only about 14 million on OHNA. This stock is getting a lot of talk from many boards around the net for a strong play on monday. If you can get in below .035 then you should at least get 50% return on this stock monday. With the low float if we can all hold past resistance then we can really make it run, maybe back up to .06 or .08 again.....

Good luck all....setting my orders for .035 to make sure I get filled in the gap monday. (saw a few orders at .03 right after close today)

Nova


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rocky11
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novocain, OHNA looks good to me, but i dont understand how ur coming up with your numbers though. where did you get the float to be 14 mill?

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rickpic
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STOCKHOLDERS' EQUITY (DEFICIT)

Preferred stock, $0.001 par value, 10,000,000 shares

authorized Issued and outstanding: nil

Common stock, $0.001 par value, 200,000,000 shares authorized

16,629,638 and 75,285,275 shares, respectively, issued and outstanding
http://www.nasdaq.com/asp/quotes_sec.asp?mode=&kind=&symbol=CMKX&symbol=OHNA&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&FormType=&mkttype=&pathname=&page=filin gs&selected=OHNA

then add this

Common Stock(1)
12,600,000
$0.02
$252,000
$31.93
http://www.nasdaq.com/asp/quotes_sec.asp?mode=&kind=&symbol=CMKX&symbol=OHNA&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&FormType=&mkttype=&pathname=&page=filin gs&selected=OHNA


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rocky11
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also, there's a big board called EZ trading stock picks over on investah hub. He made it his pick.
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rocky11
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rickpic....thanks. sorry to bug yah, but based on ur info, is the float 10 mill + 12 mill = 22 mill or is it approx 10 - 12 mill. thanks bro
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rickpic
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not sure waht the float is but the O/S appears to be around 100 Million, but read the filings I posted because there are more than 1 company involved and I'm not sure how they broak it down, The O/S of OHMA is at least 28 million, but I think its the whole 100 or so million! remember that they want to sell the shares they issued in the S8 earlier this month so if there is hype it could be for that purpose! Just a thought. Im not really watching it just ran a quick filings check on it when I saw it posted!
rick

[This message has been edited by rickpic (edited June 19, 2004).]


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naviagreene
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rickpic, that other company you're talking about was a merger which they were supposed to do. OHNA was trading at 0.08 before they came out with the news of merger/dilution. Then that got cancelled. So no more dilution. This is what's causing the stock to come into focus so much lately. As for O/S i dont see how that matters to any of us who wish to trade it, its the float that counts. To the best of my information,

approx 75 M OS
approx 28 mill float


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rickpic
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The O/S is

16,629,638
75,285,275
12,600,000

or a total of
104,514,913

I don't know how much of this is held by insiders, so i can't calculate the Float!
I do know that they added 15% to the O/S by registering on an S8 12,600,913 new shares this month!

A 104 million O/S is relativly low anyhow.


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cheese!
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to the best of my knowledge, the float is approximately 20 million shares only.

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subpennygirl
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OHNA technical analysis: MACD is going into a bullish divergence, and is about to cross the zero line. That means plenty of headroom for it to go high and lot of potential. Bollinger band at 0.034, breakout point for OHNA is at 0.034. 200 DMA approaching 0.06, if this hits 0.06 it can lead to a major major pop. Let's see. PVO pretty good. All indicators bullish. Here's the chart:
http://stockcharts.com/def/servlet/SC.web?c=OHNA,uu[w,a]daclyyay[da][pd20,2!b200][vc60][iut!Us12,26,9!La12,26,9]&pref=G


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rocky11
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subpennygirl, the chart looks nice, but how can you say that 0.034 is the breakout point? not doubting, just curious.
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subpennygirl
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rocky, if you look at the chart, you will see that the bollinger band is at the price of 0.034. ie 3.4 cents. Usually, when a stock's price pierces the upper bollinger, the stock has a breakout. Traders try to get into a stock when its moving close to or beyond the upper bollinger. This way traders can ride the breakout.

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cheese!
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breakout point at 0.035 seems fair. I think it's very probable that 0.035 will be hit Monday, if not this week.
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captainhaddock11
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From this thread, I've picked up these basic points:

No more dilution causing traders to trade the stock

OHNA near the 52 week low, so good entry point

Low floater, runs easy

Good PR's causing attention, any PR expected this week?

Potential to goto all the way to 0.08 over the next few days? weeks?

Am I missing anything here?



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Spastic_Gramps
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Has anyone read their latest 10Q. I like the the low float and the chart looks good, but this didn't impress me too much.


10QSB: OHANA ENTERPRISES
5/25/2004 6:06:49 AM
(EDGAR Online via COMTEX) -- ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

THIS REPORT CONTAINS FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF SECTION
21E OF THE SECURITIES EXCHANGE ACT OF 1934, INCLUDING, WITHOUT LIMITATION,
STATEMENTS REGARDING THE COMPANY'S EXPECTATIONS, BELIEFS, INTENTIONS OR FUTURE
STRATEGIES THAT ARE SIGNIFIED BY THE WORDS "EXPECTS", "ANTICIPATES", "INTENDS",
"BELIEVES", OR SIMILAR LANGUAGE. THESE FORWARD-LOOKING STATEMENTS INVOLVE
RISKS, UNCERTAINTIES AND OTHER FACTORS. ALL FORWARD-LOOKING STATEMENTS INCLUDED
IN THIS DOCUMENT ARE BASED ON INFORMATION AVAILABLE TO THE COMPANY ON THE DATE
HEREOF AND SPEAK ONLY AS OF THE DATE HEREOF. THE FACTORS DISCUSSED BELOW UNDER
"FORWARD-LOOKING STATEMENTS" AND ELSEWHERE IN THIS QUARTERLY REPORT ON FORM
10-QSB AND IN THE COMPANYS ANNUAL REPORT ON FORM 10-KSB FOR THE YEAR ENDED JUNE
30, 2003 ARE AMONG THOSE FACTORS THAT IN SOME CASES HAVE AFFECTED THE COMPANY'S
RESULTS AND COULD CAUSE THE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE
PROJECTED IN THE FORWARD-LOOKING STATEMENTS.


The following discussion should be read in conjunction with the condensed consolidated financial statements and notes thereto.

PLAN OF OPERATION


The Company was incorporated in California in 1964, and emerged from bankruptcy on August 21, 1999 as Erly Industries, Inc. On January 24, 2001, Erly Industries, Inc. changed its domicile from California to Delaware and changed its name to Torchmail Communications, Inc. On October 18, 2002, the Company consummated the acquisition of one hundred percent (100%) of the outstanding common stock of Visual Interviews, Inc., a Nevada corporation ("VI") in exchange for the issuance of an aggregate of 9,384,543 shares of the Company's common stock to the former Visual Interviews shareholders.

This acquisition resulted from the Company's efforts over a period of time to locate an existing business or business assets with which the Company could enter into a merger or acquisition. On December 10, 2002, the Company changed its name to Ohana Enterprises, Inc. in association with the change in control and acquisition of VI. Ohana Enterprises, Inc. is a holding company with no operations. VI is a wholly-owned subsidiary of the Company, and has been the only operational business within the Company. The Company suspended all development of the VI technology and products in early 2004, due to financial constraints and the proposed acquisition of REST.

On April 1, 2004, the Company consummated the acquisition of 100% of the issued and outstanding common stock of REST, a wholly-owned subsidiary of I2CG. In concurrence with the acquisition of REST, the Company intended to change its name to Hospitality Tech Inc.

Subsequent to the closing of the acquisition of REST, certain issues have arisen which have caused the Company to seek to rescind the transaction, including but not limited to the availability of audited financial statements for REST. The Company and I2CG are currently negotiating the terms and conditions of a rescission, which would include the resignations of Messrs. Weisman and Martin from the Companys Board of Directors and the resignations of Messrs. Weisman and Martin and Ms. Ford as officers of the Company. In addition, the rescission would provide for the return and cancellation of all shares of Series A Preferred Stock issued in connection with the acquisition, and the reimbursement of certain of I2CGs expenses. Subsequent to such rescission, the Company may seek to renegotiate the acquisition of REST on more favorable terms; however, there can be no assurance that the acquisition will be consummated. The Company is also continuing to evaluate other possible acquisition candidates.

Table of Contents

The Company secured a loan in this quarter from a private individual for up to $30,000 and is currently negotiating terms to extend that financing agreement. The Company estimates that $50,000 will be required to fund immediate operational needs.

The Company is seeking to expand its Board of Directors to include two additional members with expertise in the technology or financial sectors. To date, the Company has not entered into any agreements with any prospective candidates.

RESULTS OF OPERATIONS


Three and Nine Months Ended March 31, 2004 Compared To Three and Nine Months Ended March 31, 2003

Revenues. The Company did not generate any revenue in the three or nine months ended March 31, 2004 and 2003, respectively. Since the October 2002 acquisition of VI, the Company's focus has been on the creation of an infrastructure and the development of the VI suite of products. The Company has been in the development stage since July 2001. In April 2004, the Company consummated the acquisition of REST, an operating company with revenues, and has suspended all development of the VI technology and products.

General and Administrative Expenses. The Company incurred $1,274,426 in general and administrative expenses for the three months ended March 31, 2004, compared to $128,800 for the three months ended March 31, 2003. The Company incurred $1,700,395 in general and administrative expenses for the nine months ended March 31, 2004, compared to $340,636 for the nine months ended March 31, 2003. The substantial increases in the three and nine-month periods of 2004 were due primarily to expenses incurred to facilitate the growth of Ohana through acquisition, awareness and fundraising efforts, including consulting services and professional fees.

For the three months ended March 31, 2004, an aggregate of 11,915,500 shares of common stock were issued to consultants in lieu of cash compensation and 27,212,000 shares of common stock were issued as compensation for prepaid services. Employees and consultants receiving stock agreed to receive these securities, in lieu of cash, for payment of services rendered. For the nine months ended March 31, 2004, an aggregate of 15,592,538 shares of common stock were issued for similar non-cash compensation and 33,063,099 shares were issued for prepaid services. Management anticipates using common stock in lieu of cash for compensation until cash generated from operations or other funding is received. There can be no assurances that cash or funding will be obtained.

Sales and Marketing Expenses. The Company has incurred no sales and marketing expenses since the date of inception, as it has been a development stage company. Management expects to commence sales and marketing efforts as so as a viable operating business has been acquired.

Table of Contents

Net Loss. As a result of the foregoing factors, the Company's net loss increased to $1,191,426 and $1,617,395, respectively, for the three and nine months ended March 31, 2004, compared to a net loss of $128,800 and $340,636, respectively, for the three and nine months ended March 31, 2003. The net loss per share was $0.03 and $0.08 for the respective three and nine month periods ended March 31, 2004, and $0.01 and $0.04 for the respective three and nine-month periods ended March 31, 2003.

LIQUIDITY AND CAPITAL RESOURCES


The Company has not had any revenues to date, and has experienced operating losses since inception primarily caused by its continued development costs. As shown in the accompanying financial statements, the Company incurred a net loss of $1,191,426 and $1,617,395, respectively, for the three and nine-month periods ended March 31, 2004. Those factors create an uncertainty and raise substantial doubt about the Company's ability to continue as a going concern. Management of the Company is actively seeking additional capital; however, there can be no assurance that such financing will be available on terms favorable to the Company, or at all. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. Continuation of the Company as a going concern is dependent on the Company continuing to raise capital, developing significant revenues and ultimately attaining profitable operations.

The Company is currently devoting its efforts to raising capital for operational needs as well as for the acquisition of an operating business entity. Management anticipates that additional capital will be derived from public or private placements of equity and debt securities; however, to date the Company has raised only a minimal amount of cash.

During the three months ended March 31, 2004, the Company raised $100,000 in equity financing through the exercise of an option to purchase 10,000,000 shares of restricted common stock at $.01 per share. The funds were specifically allocated toward the resolution of the litigation with the Hudson Consulting Group. An additional $29,125 was raised through a loan agreement by which the amounts owed will convert into Company restricted common stock if the obligation is not paid by June 30, 2004. The Company is currently seeking a small bridge loan of $50,000 to fund immediate operational needs. The Company has suspended development activities for its Visual Interviews subsidiary and plans to redirect all future funding to Company operations with the goal of working toward completion of an acquisition.

Other efforts are focused on building the Company's Board of Directors and in an attempt to bring additional experience and industry expertise to the Company.

RISKS AND UNCERTAINTIES


The Company's business, financial condition or results of operations could be materially and adversely affected by any of the following risks:

OHANA NEEDS SIGNIFICANT ADDITIONAL CAPITAL. The Company is currently experiencing a capital shortfall and has suspended development of its VI technology and products. Management estimates that current cash and cash equivalents are currently insufficient to meet anticipated cash needs for working capital and capital expenditures. Ohana therefore needs to raise additional funds immediately. If additional funds are raised through the issuance of equity or convertible debt securities, the percentage ownership of existing stockholders will be reduced, and such securities may have rights, preferences and privileges senior to those of the Company's common stock. The Company is currently attempting to identify other prospective investors with respect to financing; however, the Company has not entered into agreements with any such investors. There can be no assurance that additional financing will be available on terms favorable to Ohana or at all. If adequate funds are not available or are not available on acceptable terms, the Company will not be able to fund its operations. Such inability to fund operations will have a material adverse effect on the Company's business, results of operations and financial condition.

Table of Contents

OHANA HAS ONLY A LIMITED OPERATING HISTORY. The Company has only a limited operating history upon which can be based an evaluation of its prospects. Such prospects must be considered in light of the risks, expenses and difficulties frequently encountered by companies seeking to introduce new products into new and rapidly evolving markets characterized by intense competition. To address these risks and uncertainties, the Company must, among other things, successfully market the talents and capabilities of its management team and complete and introduce products and product enhancements in a timely manner, continue to upgrade and commercialize its technologies, compete effectively with a large number of technologically sophisticated and well financed companies, and attract, retain and motivate highly qualified personnel, and manage rapid growth. There can be no assurance that Ohana will successfully address these challenges.

THE COMPANY HAS A HISTORY OF LOSSES, AND ITS INDEPENDENT CERTIFIED PUBLIC
ACCOUNTANTS' REPORT DATED SEPTEMBER 9, 2003, INCLUDES AN EXPLANATORY PARAGRAPH
RELATING TO SUBSTANTIAL DOUBT AS TO OHANA'S ABILITY TO CONTINUE AS A GOING
CONCERN. Since the Company's inception in 2001, it has incurred substantial
losses from operations, resulting primarily from costs related to development of
its technology and building its infrastructure. Because of Ohana's status as a
development stage company and the need to conduct additional research and
development prior to completing its technology and introducing services to the
market, management expects to incur net losses for the foreseeable future. If
the Company's growth is slower than anticipated or operating expenses exceed
expectations, Ohana's losses will be significantly greater. The Company may
never achieve profitability. Primarily as a result of these recurring losses,
Ohana's independent certified public accountants modified their report on the
June 30, 2003 financial statements to include an uncertainty paragraph wherein
they expressed substantial doubt about the Company's ability to continue as a
going concern.


The Company's business plan requires that it incur significant operating expenses in order to develop and extend its business model, its technology and its operations, as well as respond to unanticipated competitive pressures. At this time, the Company does not have a source of operating capital, as it is still in the development stage. As a result, Ohana intends to raise additional capital through public or private debt or the sale of equity and/or debt securities. There can be no assurance that additional financing will be available on terms favorable to Ohana, or that additional financing will be available at all. If adequate funds are not available or are not available on acceptable terms, the Company may not be able to develop its technology, respond to unanticipated competitive pressures, or continue to fund its operations. Such inability could have a material adverse effect on the Company's business, financial condition, results of operations and prospects.

OHANA MAY EXPERIENCE INTEGRATION ISSUES. The Companys strategy to grow by acquisition could fail due to the inability to integrate those companies with Ohana and its subsidiaries. The integration of two or more companies is an expensive and timely process and, as such, failure would be a burden to the Companys cash requirements and would significantly increase the Companys Net Operating Loss. Should Ohana invest its time and resources into an acquisition that is unable to integrate with the Company, Managements time may be diverted from operational activities and other opportunities.

THE COMPANY'S OPERATING RESULTS MAY VARY FROM QUARTER TO QUARTER. Due to the suspension of all development of VIs technology and the change in the Companys primary business, the Company's quarterly operating results will be difficult to predict and may fluctuate significantly from quarter to quarter. Consequently, the market price of Ohana's securities has been, and can be expected to continue to be, highly volatile. Factors such as announcements by the Company or others of technological innovations, new commercial products, regulatory approvals or proprietary rights developments and competitive developments all may have a significant impact on the Company's future business prospects and market price of its securities.



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novocain
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I am just ready to ride the wave. One way or the other, this stock is getting crazy attention and its going to move monday period!
All charts show upward trend, nearing upper bolli bands, people, we are headed for a ride. If you get in and ride it up all the PR that people think is bad will mean nothing.

Looking for a nice ride monday. Best of luck all!


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cheese!
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spastic_gramps, its cool that you bought up the SEC filing, I'm not sure which part you dont like but here's my take on it: Most OTC company's SEC filings are not thrilling at all. OHNA is no different from IDGE, MBAH, etc etc. There is no dilution on this thats for sure. Apart from that, I would say ride the momentum. Play it over two to three days. If it keeps going, u can always jump back in.
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cheese!
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quote:
Originally posted by captainhaddock11:
From this thread, I've picked up these basic points:

No more dilution causing traders to trade the stock

OHNA near the 52 week low, so good entry point

Low floater, runs easy

Good PR's causing attention, any PR expected this week?

Potential to goto all the way to 0.08 over the next few days? weeks?

Am I missing anything here?


You pretty much summed it up. Good two-three day play, IMO.


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kashinout
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Just ride out the wave...thats what you do with just about all penny stocks. Take them while they are HOT!
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rickpic
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Why is it you all keep saying no dilution?

There is an S8 filing to add 12,600,000 that was filed in June, that is about a 15% increase to the O/S in the very month that you are saying there is no dilution. It may not be considered as a heavy dilution, but to those that held it before the increase it certainly reduces the % of holdings they had!
Rick


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brandwilliams
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Another thinly traded pump stock without any substance to it. Best watch for the knife falling.

Brandon


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alexiz
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they were going to dilute 200 million shares, through a merger. The merger got cancelled. So I think that's what they mean by no dilution. As for the S8, I don't know if it's necessarily going to be exectued this week. But I hope it is, it seems a good time to enter the stock, because then this will become a post S8 play. Everytime an S8 is completed, stocks shoot up and if you're saying the S8 is to be done in june, there's only one week left. That means whichever way you look at it, still a good entry point.

The 200 mill dilution CANCELLATION IS DEFINITE. THE COMPANY CONFIRMED IT, IT'S IN THEIR FILINGS, NO MERGER, NO DILUTION.

[This message has been edited by alexiz (edited June 20, 2004).]


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cheese!
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ok there's talk on the net about this going from 0.03 to 0.08-0.10. I know i love this stock, but it DONT think it'll hit 0.10 tomorrow. I could be wrong, but I'm the conservative type and looking at level 2, I think 0.05-0.06 is more likely for tomorrow, and 0.08-0.10 over a period of time maybe...as the company release PR's completes what their filings might be etc.

The beautiful thing about OHNA is that it can be played over and over again. It's becoming one of those stocks that has repeted rides, and is in a general uptrend.

I'm looking for 0.05-0.06 within the next couple of days, and for the sake of the optimistic people, I hope im wrong and hope theyr right and this does pop to 0.10


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virtualace2000
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Agreed. I can see 0.06 with no difficutly. Definitely a good run. Good luck to all for tomorrow!
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rsnws
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What are the chances of getting in tomarrow morning at .03? Or, in everyone opinion, is this even a good idea?
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virtualace2000
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I dont' see why you cant get in at 0.03, you should be able to. And yes I do think it's a good idea given that I think it's going to 0.06

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rsnws
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Thanks virtualace2000.

quote:
Originally posted by virtualace2000:
I dont' see why you cant get in at 0.03, you should be able to. And yes I do think it's a good idea given that I think it's going to 0.06


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virtualace2000
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you're welcome anytime

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brandwilliams
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RESULTS OF OPERATIONS

Three and Nine Months Ended March 31, 2004 Compared To Three and Nine MonthsEnded March 31, 2003

Revenues. The Company did not generate any revenue in the three or nine monthsended March 31, 2004 and 2003, respectively. Since the October 2002 acquisitionof VI, the Company's focus has been on the creation of an infrastructure and thedevelopment of the VI suite of products. The Company has been in thedevelopment stage since July 2001. In April 2004, the Company consummated theacquisition of REST, an operating company with revenues, and has suspended alldevelopment of the VI technology and products.

General and Administrative Expenses. The Company incurred $1,274,426 in generaland administrative expenses for the three months ended March 31, 2004, comparedto $128,800 for the three months ended March 31, 2003. The Company incurred$1,700,395 in general and administrative expenses for the nine months endedMarch 31, 2004, compared to $340,636 for the nine months ended March 31, 2003.The substantial increases in the three and nine-month periods of 2004 were dueprimarily to expenses incurred to facilitate the growth ofOhana through acquisition, awareness and fundraising efforts, includingconsulting services and professional fees.

For the three months ended March 31, 2004, an aggregate of 11,915,500 shares ofcommon stock were issued to consultants in lieu of cash compensation and27,212,000 shares of common stock were issued as compensation for prepaidservices. Employees and consultants receiving stock agreed to receive thesesecurities, in lieu of cash, for payment of services rendered. For the ninemonths ended March 31, 2004, an aggregate of 15,592,538 shares of common stockwere issued for similar non-cash compensation and 33,063,099 shares were issuedfor prepaid services. Management anticipates using common stock in lieu of cashfor compensation until cash generated from operations or other funding isreceived. There can be no assurances that cash or funding will be obtained.

Sales and Marketing Expenses. The Company has incurred no sales and marketingexpenses since the date of inception, as it has been a development stagecompany. Management expects to commence sales and marketing efforts as soon as aviable operating business has been acquired.

Table of Contents

Net Loss. As a result of the foregoing factors, the Company's net lossincreased to $1,191,426 and $1,617,395, respectively, for the three and ninemonths ended March 31, 2004, compared to a net loss of $128,800 and $340,636,respectively, for the three and nine months ended March 31, 2003. The net lossper share was $0.03 and $0.08 for the respective three and nine month periodsended March 31, 2004, and $0.01 and $0.04 for the respective three andnine-month periods ended March 31, 2003.


LIQUIDITY AND CAPITAL RESOURCES

The Company has not had any revenues to date, and has experienced operatinglosses since inception primarily caused by its continued development costs. Asshown in the accompanying financial statements, the Company incurred a net lossof $1,191,426 and $1,617,395, respectively, for the three and nine-month periodsended March 31, 2004. Those factors create an uncertainty and raise substantialdoubt about the Company's ability to continue as a going concern. Management ofthe Company is actively seeking additional capital; however, there can be noassurance that such financing will be available on terms favorable to theCompany, or at all. The financial statements do not include any adjustments thatmight be necessary if the Company is unable to continue as a going concern.Continuation of the Company as a going concern is dependent on the Companycontinuing to raise capital, developing significant revenues and ultimatelyattaining profitable operations.

The Company is currently devoting its efforts to raising capital for operationalneeds as well as for the acquisition of an operating businessentity. Management anticipates that additional capital will be derived frompublic or private placements of equity and debt securities; however, to date theCompany has raised only a minimal amount of cash.

During the three months ended March 31, 2004, the Company raised $100,000 inequity financing through the exercise of an option to purchase 10,000,000 sharesof restricted common stock at $.01 per share. The funds were specificallyallocated toward the resolution of the litigation with the Hudson ConsultingGroup. An additional $29,125 was raised through a loan agreement by which theamounts owed will convert, at the Company's option, into Company restrictedcommon stock if the obligation is not paid by June 30, 2004. The Company iscurrently seeking a small bridge loan of $50,000 to fund immediate operationalneeds. The Company has suspended development activities for its VisualInterviews subsidiary and plans to redirect all future funding to Companyoperations with the goal of working toward completion of an acquisition.

Other efforts are focused on building the Company's Board of Directors and in anattempt to bring additional experience and industry expertise to the Company.

Note the company never makes a penny. This is strictly a chart play. Which does look good. Just watch for the falling knife.

Brandon


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captainhaddock11
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check the company's PR's after their filings and speak to them, they seem to be doing really well. Just my experience.
OHNA the top candidate for momentum stock tomorrow. Good luck to all, hope it hits 0.08

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cuteallay
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I'm all about riding the wave on this one.
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Ka-Ching
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Folks,
OHNA became the 'official weekly pick' for 2 LARGE Yahoo Groups on Sunday - as if it didn't have enough buyers lined-up already! The volume on this surge will EXCEED last weeks' run, which pushed the stock over .05! Low 14Mil float, and coming off of recent 52-week lows is a recipe for profit, people. Hope everyone takes advantage and takes profit.

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