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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » OMOG Lawsuit settlement (Page 24)

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Author Topic: OMOG Lawsuit settlement
IWISHIHAD
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Cactus33,

I have to agree with you i was really suprised that they added another party to this suit when it was pretty well done with. It seems like that in big money cases like this that lawyers usually try and get you to settle as fast as possible especially when all the risk is really theirs (contingent) they must of had some mighty strong evidence not to take their cash and run. As i have said before i would like to see OMOG release a pr. on the regular part of the business but unfortunately with a small business all your time gets tied up in the settlement when it is this close to being resolved, as investors this is the hard part.

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cactus33
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omog #6 most requested company at pink sheets. Looks like people are keeping their eyes on this.
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worldfamous
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I am glad I got in on this early (last month) because when it takes off there is no stopping it.

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I haven't slept for ten days, because that would be too long.

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cactus33
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that was a good time to get in famous. i remember when this sat at .0048 for months and even went to .0038 for a while. im thinking tomorrow should be decent. If it goes anywhere near .0082 Im gonna buy heavy again. Im thinking that there is a good chance we see a pr next week, regardless if its settled or not.
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Teno
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ma20 about to cross the ma200, that could be a good sign!
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cactus33
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some things im seeing around other bb's and bdgr. i think the heat is turning up and investors want some answers. i think that last petition made some people look for answers. black dragon just sounds evil doesnt it, kind of like a creature that adam must slay, or "black dragon" sounds like the bad guys in bruce lee movies. hahah

heres one guys post, very common questioning these crooks now.


IS this true.

By: .......
05 May 2006, 02:55 PM EDT
Msg. 1358 of 1369
(This msg. is a reply to 1354 by.)
Jump to msg. #
"Fat, Imagine an BDGR as a NYSE stock. Could the Lanza's ever do that?"

No actually he couldn't. As a convicted felon the Nyse, the
Nasd, the Amex and even the BB would not allow him to be
involved in a public company. That's why he uses front men.
fAt

House of cards when does it come down.


and check this guy..i think this guy works for black dragon.. i like how adam is the criminal, and he stole OMOG.... hahhaah, right....

I like this part... give me a break.. now adam is a raider.. hahhaha.. I pray that adam kills these guys in mediation... just waiting and praying. these black dragon guys are PO'ing me off now. heh.
heres one part of it that i thought was amusing..

"As for OMOG, it will continue to disappoint. Why? Because everything OMOG has or was is no longer at OMOG. Thanks to very shrewd management which kept it out of the raider's hands."

here's the full post from this dragon pumper..


Fat, you have been wrong so far, why should we listen to you? How much are you down on OMOG? You and I both know that OMOG lost its assets when Adam B tried to essentially steal control of OMOG. But OMOG's old management was not to be scammed so easily. Those convertible preferreds weren't counted on by that theif. Nor did he realize how hard it would be to steal control of the assets along with the company.

Don't give me your sob story for OMOG and its, IMO, theiving shareholders. Everything that OMOG has, or will have a chance to gain back, was put together from BDGR's current management. Everything you praise OMOG for was the result of the current management of BDGR. BDGR management is now continuing to build up assets just like the assets OMOG now so covets. Few of BDGR's current assets consist of disputed assets.

You can act like BDGR management will dupe its current shareholders, but the truth is that without Adam, OMOG might be selling in the teens already. Too bad for you Fat. You are on the losing team, again.

Fat, you twist the truth constantly. I believe I have been given a talent, and it has been to ferret out truth twisters such as yourself. Or maybe you are just decieved.

We'll let the future reveal who is right. BDGR will get audited financials and it will get listed. If it does not, then you are right.

As for OMOG, it will continue to disappoint. Why? Because everything OMOG has or was is no longer at OMOG. Thanks to very shrewd management which kept it out of the raider's hands.

Good luck trying to get anything back. I hope you can even keep your Placer Dome settlement together for if it is found that you don't get even BDGR's properities, you will lose that as well.

You better settle or break-even. You might not even get
that. Only BDGR and friends will want OMOG. It is dead for a long time without a deal with BDGR friends. Good luck.


no... more like good luck to you black dragon, your back is against the wall, not omog's. stalling isnt changing much either IMO.....
dragon thieves..

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gnulnx
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Now that is funny!

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logical buyer
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Little worried now, because oil stocks keep sliding on the big boards. Oil is down today again.
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Cabbie Mark
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Well I'm a little bit more than worried. Come on baby!

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Luv is the Answer :)

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cactus33
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only down 2 ticks with low volume and no news.
im not worried. if people want to sell i'll buy at .0082

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gnulnx
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I'm starting to wonder if we WILL get news? This is starting to take quite a while. Perhaps I am just a little impatient

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cactus33
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ive been here for months, like many others. patience is required to own this, this was at .005 last month. it already ran over .01 twice in a month. im happy with .0087..
i figured we would be in this area until news.

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shakethemoneytree
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Is there anyone dumb enough to sell at these levels!


I dont understand selling here!

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gnulnx
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Well judging by the L2 here:

http://www.pinksheets.com/quote/quote.jsp?symbol=omog

I would say yes there are a few dumb people.

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cactus33
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typical omog trading.. yawn, pretty boring
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gnulnx
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Yeah. This is pretty boring. Hopefully this is just the calm before the storm so to speak.

Wonder were MsKay is lately. She hasn't been on the board as much the last couple of day's.

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cactus33
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KAY's probably busy worhing for adam in mediation.. heh, just kidding.
not much to say right now. just waiting for news. omog is pretty good about pr's and respecting investors. should get an update sooner than later.

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gnulnx
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I was just at the website re-reading the latest investor newsletter and I started wondering what will happen if the settlment fails and we have to go to trial?

My guess is that we will all get an opportunity to buy back in at .03-.04. Man I hope that doesn't happen. In any event I like the fact the OMOG is very much a company interested in it's shareholders. There are a lot of pinksheet companies that can not say that.

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IWISHIHAD
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The nice part of this deal is that they will have cash and lots of oil wells without having to get financing.
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cactus33
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I thought about that too, i could care less if it goes to trial because im sure OMOG will win. the next step may be arbitration. thats a little less friendly than mediation. these dragon guys dont want to go thru a trial. they have money to settle this. im sure adam is truthful in the last pr when he said to be patient and all of the details were being worked out.
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IWISHIHAD
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I would really be surprised to see a go beyond mediation to much risk for the other parties at least most of them, what i could see is a settlement with all but one, then they settle later with that one.
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cactus33
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im thinking their might be a sell-off eod, b/c pople are getting impatient watching other stuff run.. if so, my limit order is out their around .008

same old story with this, everyone gets hyped, next day no news.. so people sell. then it gets hyped up again.. just repeats itself over and over... just a typical trading day in the world of omog

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gnulnx
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Well I do hope everyone one is right. Out of the pennies that I have invested/gambled in OMOG certainly seems to have the most real potential.

Oil wells and cash will be mighty nice....especially if they can actually produce and sell some of it.

I would love to purchase more shares around 0.008 but I am unfortunatly over extended...again! LOL

However if this hits .007 I will probably have to buy another couple million shares. Let's just hope we get some real news before then.

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IWISHIHAD
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I look at the charges brought against these people and see some of the evidence, i am not a lawyer but how would they dare to take a chance by going to court, i think the main one in question would be BDGR because they filed it so late against them. I hope they settle out with the others and let BDGR take the task on by them self, they would not like that because all the costs our on them which could be huge. Waiting is the hard part, but a little easier when the market is slow like now.
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cactus33
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nice strength here eod
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logical buyer
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May trend up tomorrow.
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gnulnx
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"May trend up tomorrow."

True. The bottom may also fall out tommorrow!

I honestly have no idea at this point. TA wise we could go either way. However I am starting to come to the realization the TA doesn't mean much on the little companies like OMOG. We need news. Really good news. News like:

OMOG is pleased to announe that all settlements were 2X as good as we predicted. 3 of our wells starting gushing oil. Low ball estimates are for 2 billion barrles a year. Oh and we found a 25 million dollar bill which we promptly put in a the bank for our shareholders.

In other news OMOG is pleased to announce that Exon Mobile (XOM) has made a buyout offer of 26 billion dollars.

Yes people you are all millionairs now...go home and be nice to your wife and kids tonight!

Oh man I think the penny market is messing with my head...I need to go find that other thread with the other crazy penny people.

See ya'll tommorrow

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logical buyer
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I think we may get back in then .009's tomorrow, if oil makes the headlines. Last few trading days oil has been down on the big boards, not a lot of buzz on oil plays. Oil dropped $7.00 dollars a barrel in less than a week.


quote:
Originally posted by logical buyer:
May trend up tomorrow.


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IWISHIHAD
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gnulnx,

I think you made it to the next level of penny trading.

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Youngmoney
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I'm new to trading,So any thought on omog anyone?
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Teno
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read the previous 20 pages...
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RWall
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lol
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cactus33
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maybe .009's.. doesnt matter really. could be another two tick yawner, could be news, could be 10% gain, could drop another 10%, only to gain 15% the next day. thats omog for ya.. there is a certain crowd that just watches this drop, and reach a certain point on the chart, only to buy back in again for the next run.....
yep, news changes everything.. could be the next ndol... but bigger

ive watched this stock trade for 5 months straight. today was soooo typical

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gnulnx
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"yep, news changes everything.. could be the next ndol... but bigger"

yeah baby talk dirty to me!

seriously I think OMOG is potentially a great trading stock. If it hits .007 or so in the next week then I may very well try a shorter term trade while still maintaining a smaller long term position.

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cactus33
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pray for adam and his merry band of extremly greedy lawyers to pull the sword out of the stone and slay black dragon. my money is on the team of lawyers that have been workin for a year without pay... getting paid is contingent on a settlement or a win.. they are not getting paid by the hour. just like those malpractice lawyers and ambulance chasers in the yellow pages. they dont take on a case without a guaranteed payday.. that, or you pay them by the hour like all those lame ally McBeal shows.
sorry.. dragon.. my moneys on omog, and you can stall all you want, it doesnt make me flinch.. if they take it to trial its gonna be like dirty harry.... "go on dragon.....make adams day" If they go to trial, criminals may be exposed....

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