Allstocks.com's Bulletin Board
Topic Closed  Topic Closed
Post New Topic  New Poll  
Topic Closed  Topic Closed
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » OMOG Lawsuit settlement (Page 16)

 - UBBFriend: Email this page to someone!   This topic comprises 59 pages: 1  2  3  ...  13  14  15  16  17  18  19  ...  57  58  59   
Author Topic: OMOG Lawsuit settlement
bond006
Member


Member Rated:
4
Icon 1 posted      Profile for bond006     Send New Private Message       Edit/Delete Post 
A repost from IHUB


Its out ********************.com OMOG new price target $0.035 look

The SouthEnd Stock Pickers helps investors win at investing on the merits of radically original thinking and an unbeatable track record of picking stocks with huge potential. We're here for you with commonsense,the big ideas,and little inspiration to turn your portfolio into a monster performer.We've brought you GTE,GOOG,SIRI,PTSC,JDSU,HISC,and others you've made a killing on! If it doesn't
make commonsense,it makes no sense to us or you.
Bookmark this page NOW for update picks!

AT ********************, we're focusing solely on undervalued Nasdaq stocks that we feel will return potential profits of 500%+ in 1 to 3 weeks.


We feel this stock pick is very UNDERVALUED!
This Company is a SLEEPING GIANT ready to be AWOKEN.


$$ HOT PICK OF THE WEEK $$

Stock Alert! = OMDA Oil and Gas, Inc.
Ticker Symbol = OMOG
Sector: Basic Materials
Industry: Oil & Gas Drilling & Exploration
Website = www.omogoil.com
Short Term Target Price = $0.035
Disclosure = We Own Shares
Recommendation = MEGA BONUS BUY !!!


Information To Consider

1.OMDA Oil and Gas, Inc. is an oil and gas production and lease acquisition company. Currently the Company owns participation interests in 355 oil and gas wells in Louisiana and Texas. Of the Company's 35 leases, 16 currently have at least one producing well with an aggregate of over 100 currently producing wells.

2.OMDA Oil and Gas, Inc. Announces Filing 4th Amended Petition Adding Black Dragon Resources as a Defendant in Its Mulit-Million Dollar Fraud Lawsuit Against Former Management.

3. OMDA Oil and Gas, Inc. Signs Letter of Intent to Sell Panola County Lease

4.OMDA Oil and Gas, Inc. Announces Participation in 3 Well Drilling Project.

Posts: 6008 | From: phoenix az | Registered: Mar 2005  |  IP: Logged | Report this post to a Moderator
usasail
Member


Rate Member
Icon 1 posted      Profile for usasail     Send New Private Message       Edit/Delete Post 
If you truly want to be or consider yourself a long you need to read all of this guys post's on the RB board. If you want a short hop you may want to do it quickly....read on Garth [Wink] .

"By: tchauncy
01 May 2006, 08:22 AM EDT
Msg. 1217 of 1228
(This msg. is a reply to 1215 by ajor1.)
Jump to msg. #
ajor- You are so wrong. I am the one who first convinced Barnett to bring this lawsuit against Lanza, Michael et.al. I am also the one who found the original law firm who was willing to and did bring the action, but only after I personally compiled reams of evidence against former management misdeeds against their OMOG shareholders. I am and have been since April of '04 one of the largest shareholders of OMOG who has bought every one of my shares in the open market and at the current price I am still sitting on a loss of just under a half million dollars. I have not asked for, and though offered, have rejected any compensation for all the work I have done for OMOG. My compensation will come, and IMO, come large by my shares appreciating in value after the assets that Lanza et. al. stole from the company are repatriated.


With that said, as a former Merrill Lynch Oil and Gas Investment Banker, and later the President of a Houston based Stock Brokerage firm that specialized in Oil and Gas, from the mid seventies to the late eighties, I can assure you that I have forgotten ten times more about oil and gas then Barnett currently knows and five times more then either Michaels or Lanza ever knew about the legitimate oil business.

I can assure you that Barnett is not the one holding up this settlement. In fact, IMO, it is probably his offers of accommodation to BDGR in this settlement that has dragged this on. IMO, he has been disgustingly accommodating and it is this show of weakness that has given a mixed signal to BDGR crooked crew into thinking they might be able to stonewall this.

Plain and simple. If you look at the history of this suit, you will note that it was originally only filed in it first pleading as a Declaratory action having to do with a bogus convertible preferred stock that Lanza, Michael, et. al. tried to convert in late '04 along with some 300 plus stripper wells in Caddo Parish that seemed to be illegally converted. If Lanza and Michael would have been smart they would have settled at that time. (Just like Clinton would have been best served had he settled the first sexual harassment suit brought against him) But no, they bet that Barnett and OMOG would not be able to find or afford a legal team to "play the hand out".

Only after initial interrogatories and interviews, did OMOG's initial legal counsel realize that the scope of this misappropriation against OMOG and it shareholders was much, much larger both in properties, and illegalities, then originally thought. Michaels apparently thought that through his "legal contacts", and early funds raised by selling BDGR stock, that he was going to hire a "silk stocking" law firm to "bury" OMOG's counsel in paperwork and minutia and financially force OMOG to drop the suit. Giving credit where credit is due, Barnett did agree with our initial counsel that it was time we brought in our own silk stocking team who could match hour for hour, but with the advantage of having the facts on OMOG's side, the work that needed to be done. The longer this dragged on, the more assets that rightfully belong to OMOG have been discovered, and the more illegalities have been uncovered.

What is truly amazing is that at the time of the bringing of the original Declaratory Action, BDGR appears to really have been clean of this thing. That is why they were not named early on in this suit. Only Rick Michaels because he was the Trustee for the Lanza Familily trust. It was only after the first two petitions were filed that Lanza convinced Michaels to take some 300 wells that he converted from OMOG into his other companies, into BDGR, which brought BDGR right into the heart of this. Pretty brazen, don't you think?

Now before you give me the BS that Lanza felt he could "take back" the wells because OMOG "didn't pay for them". Rest assured, that is not true. The wells currently in BDGR, were originally bought from Woolridge Production Company (a then Lanza controlled company) by OMOG, then controlled by Lanza and publicly announced in April of '03. The terms of the acquisition were that the wells would be paid for out of cash flow and some cash. The wells did fully pay for themselves from cash flow. But also during the period from June of '02 (when Lanze reverse split OMOG 1:1,000) to Sept. of '03, when Barnett took control, Lanza increased the total OMOG shares outstanding from 3 million to 900 million and raised between one and two million dollars on the backs of OMOG shareholders who thought they owned the wells in question along with other wells that Lanza later spirited out. Since the original purchase price of these wells were for some $600,000, if they weren't paid for, whose fault would that be?

None of this is "inside info". It is all in the lawsuit. And it is all irrefutably true, or else you can bet Lanza and BDGR would not have requested settlement. The settlement request was their idea, not OMOG's. I have personally felt all along and still do feel we should go to court and fully disclose to the public what bandits these guys and gals really are. But I am just one voice, and at least for now, a minority voice.

BTW, I have seen the BDGR added language, just as anyone who want to spend .08 a page from pacer can. I can assure you, that you as a BDGR supporter and shareholder do not want OMOG to put the amended petition in plain and easy view for all to see. I suspect that this will settle in a matter of days, not weeks, but if I am lucky, I may be wrong. "

--------------------
dig in when u can!

Posts: 546 | From: Methuen, MA, USA | Registered: Aug 2003  |  IP: Logged | Report this post to a Moderator
IWISHIHAD
Member


Icon 1 posted      Profile for IWISHIHAD     Send New Private Message       Edit/Delete Post 
usasail,

Thanks for the post interesting stuff they can make this into a movie.

Posts: 3875 | From: ca. | Registered: Jul 2005  |  IP: Logged | Report this post to a Moderator
usasail
Member


Rate Member
Icon 1 posted      Profile for usasail     Send New Private Message       Edit/Delete Post 
Jeez tell me about it....what a saga.

--------------------
dig in when u can!

Posts: 546 | From: Methuen, MA, USA | Registered: Aug 2003  |  IP: Logged | Report this post to a Moderator
bond006
Member


Member Rated:
4
Icon 1 posted      Profile for bond006     Send New Private Message       Edit/Delete Post 
We are getting attention from a lot of places and becoming the talk of the town
Posts: 6008 | From: phoenix az | Registered: Mar 2005  |  IP: Logged | Report this post to a Moderator
MsKay
Member


Rate Member
Icon 1 posted      Profile for MsKay     Send New Private Message       Edit/Delete Post 
Morning everyone. I have to go to a meeting all morning but I'll check back at lunch. I expect to see .01 when I get back!! LOL!
Posts: 294 | From: Mississippi | Registered: Jun 2005  |  IP: Logged | Report this post to a Moderator
IWISHIHAD
Member


Icon 1 posted      Profile for IWISHIHAD     Send New Private Message       Edit/Delete Post 
Bottom line there could be a lot of properties and cash headed OMOG's way.
Posts: 3875 | From: ca. | Registered: Jul 2005  |  IP: Logged | Report this post to a Moderator
Rbreb13
Member


Member Rated:
4
Icon 1 posted      Profile for Rbreb13     Send New Private Message       Edit/Delete Post 
All I can say is WOW. I didn't know all that stuff.
Settlement is in Lanza/Michaels best interest. If this goes to court they could see serious jail time and fines!

Posts: 260 | From: Carbondale, CO | Registered: Nov 2005  |  IP: Logged | Report this post to a Moderator
bond006
Member


Member Rated:
4
Icon 1 posted      Profile for bond006     Send New Private Message       Edit/Delete Post 
we have been holding pretty steady any good news and away we go
Posts: 6008 | From: phoenix az | Registered: Mar 2005  |  IP: Logged | Report this post to a Moderator
cactus33
Member


Icon 1 posted      Profile for cactus33     Send New Private Message       Edit/Delete Post 
those southend pickers are the ster geeks under a different alias im pretty sure. cant stand those pump and dumps. good thing they lost the ster name. no one seems to pay attention to these south end loser pump and dumps. they can destroy a stock after they dump it
Posts: 6397 | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
cactus33
Member


Icon 1 posted      Profile for cactus33     Send New Private Message       Edit/Delete Post 
yep, usasail.. it gets hotter by the minute here in omog land and you learn something new everyday..

i figured that we would be sittin here until news. right around the 200 mva

Posts: 6397 | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
MsKay
Member


Rate Member
Icon 1 posted      Profile for MsKay     Send New Private Message       Edit/Delete Post 
Well 8% isn't bad I guess. We are still up double this time last month. Any predictions for the week?
Posts: 294 | From: Mississippi | Registered: Jun 2005  |  IP: Logged | Report this post to a Moderator
IWISHIHAD
Member


Icon 1 posted      Profile for IWISHIHAD     Send New Private Message       Edit/Delete Post 
This stock is doing good today compared to most others, there are not many good longer term holds than this one with the upside being so great, the oil stocks seem to be doing better in general than most other stocks, we just have to wait for the news that's the hardest part.
Posts: 3875 | From: ca. | Registered: Jul 2005  |  IP: Logged | Report this post to a Moderator
MsKay
Member


Rate Member
Icon 1 posted      Profile for MsKay     Send New Private Message       Edit/Delete Post 
Waiting is alot easier now that it is going up, up, up every day!!
Posts: 294 | From: Mississippi | Registered: Jun 2005  |  IP: Logged | Report this post to a Moderator
gnulnx
Member


Member Rated:
4
Icon 6 posted      Profile for gnulnx     Send New Private Message       Edit/Delete Post 
Back in!
Posts: 1443 | Registered: Apr 2006  |  IP: Logged | Report this post to a Moderator
IWISHIHAD
Member


Icon 1 posted      Profile for IWISHIHAD     Send New Private Message       Edit/Delete Post 
Jumping around in different stocks right now is hard to do so i am looking for a few more solid stocks, and try and find a couple of flip stocks(not easy). The market is kind of quiet right now, that is why i like this stock it has the big upside, look at the oil stocks that have run in the last two weeeks this has that potential.
Posts: 3875 | From: ca. | Registered: Jul 2005  |  IP: Logged | Report this post to a Moderator
cactus33
Member


Icon 1 posted      Profile for cactus33     Send New Private Message       Edit/Delete Post 
yep, its just a waiting game right now, im guessing we stay around .0082 until news. never know though, speculation buying could run it up to .01
Posts: 6397 | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
IWISHIHAD
Member


Icon 1 posted      Profile for IWISHIHAD     Send New Private Message       Edit/Delete Post 
I think it going to get harder and harder to buy shares one reason being there is not a lot of investments with a possible high return like OMOG and two the possibility that a pr. could come at any time we will have to see.
Posts: 3875 | From: ca. | Registered: Jul 2005  |  IP: Logged | Report this post to a Moderator
MsKay
Member


Rate Member
Icon 1 posted      Profile for MsKay     Send New Private Message       Edit/Delete Post 
Looks like we are shaking out the last few lower end sales for a while. Look at it going up and down and such low volume. That tells me that we have only a few sellers and alot of people trying to get in!
Posts: 294 | From: Mississippi | Registered: Jun 2005  |  IP: Logged | Report this post to a Moderator
gnulnx
Member


Member Rated:
4
Icon 1 posted      Profile for gnulnx     Send New Private Message       Edit/Delete Post 
It took my order 30 minutes to get filled at the ask of .0082. So I thnink MsKay's assesment is probably true.
Posts: 1443 | Registered: Apr 2006  |  IP: Logged | Report this post to a Moderator
IWISHIHAD
Member


Icon 1 posted      Profile for IWISHIHAD     Send New Private Message       Edit/Delete Post 
Seems like the mm's are playing games with this stock and many others must be the slower market that can change quickly or they are picking up shares, this ones been staying in that range all morning like they are getting some of the cheeper shares.
Posts: 3875 | From: ca. | Registered: Jul 2005  |  IP: Logged | Report this post to a Moderator
gnulnx
Member


Member Rated:
4
Icon 1 posted      Profile for gnulnx     Send New Private Message       Edit/Delete Post 
sorry for jinxing the stock guy's!!

lol

--------------------
Your add here.

Posts: 1443 | Registered: Apr 2006  |  IP: Logged | Report this post to a Moderator
IWISHIHAD
Member


Icon 1 posted      Profile for IWISHIHAD     Send New Private Message       Edit/Delete Post 
gnulnx,

It fine just some small bumps sit back an enjoy the ride.

Posts: 3875 | From: ca. | Registered: Jul 2005  |  IP: Logged | Report this post to a Moderator
MsKay
Member


Rate Member
Icon 1 posted      Profile for MsKay     Send New Private Message       Edit/Delete Post 
I really think we will see this sit in this range until some news "leaks" then we will see a sharp rise "for no reason" and then the news will come out and sky rocket it up. That's my opinion FWIW. If it drops down below .007 again, I'm not going to miss it this time.
Posts: 294 | From: Mississippi | Registered: Jun 2005  |  IP: Logged | Report this post to a Moderator
IWISHIHAD
Member


Icon 1 posted      Profile for IWISHIHAD     Send New Private Message       Edit/Delete Post 
I agree, it would be nice to have some other news first but do not see that happening since they are so involved with this settlement.
Posts: 3875 | From: ca. | Registered: Jul 2005  |  IP: Logged | Report this post to a Moderator
IWISHIHAD
Member


Icon 1 posted      Profile for IWISHIHAD     Send New Private Message       Edit/Delete Post 
MM's just playing games with this right now this to me is actually a good sign, i thought that BDGR would come out with a pr. today.
Posts: 3875 | From: ca. | Registered: Jul 2005  |  IP: Logged | Report this post to a Moderator
laintbad
Member


Rate Member
Icon 1 posted      Profile for laintbad     Send New Private Message       Edit/Delete Post 
Is BDGR a good buy or not?

--------------------
laintbad

Posts: 87 | From: MD | Registered: Nov 2005  |  IP: Logged | Report this post to a Moderator
IWISHIHAD
Member


Icon 1 posted      Profile for IWISHIHAD     Send New Private Message       Edit/Delete Post 
I am suprised BDGR did not drop that much especially since the pink market was down in general investors may feel that losing a lot of wells will not effect it, maybe it is undervalued.
Posts: 3875 | From: ca. | Registered: Jul 2005  |  IP: Logged | Report this post to a Moderator
MsKay
Member


Rate Member
Icon 1 posted      Profile for MsKay     Send New Private Message       Edit/Delete Post 
AMERICAN BULLS posts BUY CONFIRMED for OMOG today.

From American Bulls website... Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 04.05.2006 (26) days ago, when the stock price was 0.0057. Since then OMOG has gained 40.35%.

Posts: 294 | From: Mississippi | Registered: Jun 2005  |  IP: Logged | Report this post to a Moderator
gnulnx
Member


Member Rated:
4
Icon 1 posted      Profile for gnulnx     Send New Private Message       Edit/Delete Post 
Well I'm game to run with the bulls! :-)

--------------------
Your add here.

Posts: 1443 | Registered: Apr 2006  |  IP: Logged | Report this post to a Moderator
gnulnx
Member


Member Rated:
4
Icon 1 posted      Profile for gnulnx     Send New Private Message       Edit/Delete Post 
OMOG up in pre-market! Maybe this is the day. We are overdue on this one.

--------------------
Your add here.

Posts: 1443 | Registered: Apr 2006  |  IP: Logged | Report this post to a Moderator
MsKay
Member


Rate Member
Icon 1 posted      Profile for MsKay     Send New Private Message       Edit/Delete Post 
I think people are finally realizing that this is about to take off! Getting a BUY CONFIRMED from American Bulls helps too.
Posts: 294 | From: Mississippi | Registered: Jun 2005  |  IP: Logged | Report this post to a Moderator
cactus33
Member


Icon 1 posted      Profile for cactus33     Send New Private Message       Edit/Delete Post 
yep, looking real good. wish bdgr makes a lot of money. i was lookin at their revs and they look real strong
Posts: 6397 | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
MsKay
Member


Rate Member
Icon 1 posted      Profile for MsKay     Send New Private Message       Edit/Delete Post 
Look at the volume already! That 100,000 sold premarket looks like somebody was trying to get a jump before prices go up today.
Posts: 294 | From: Mississippi | Registered: Jun 2005  |  IP: Logged | Report this post to a Moderator
cactus33
Member


Icon 1 posted      Profile for cactus33     Send New Private Message       Edit/Delete Post 
we are definately getting some attention.... .01 soon...
Posts: 6397 | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
  This topic comprises 59 pages: 1  2  3  ...  13  14  15  16  17  18  19  ...  57  58  59   

Post New Topic  New Poll  
Topic Closed  Topic Closed
Open Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

© 1997 - 2021 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share