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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » OMOG Lawsuit settlement (Page 54)

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Author Topic: OMOG Lawsuit settlement
gnulnx
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I mean the share portion was interesting..but let's be real, that didn't contain an inkling of what investors wanted to hear. We will prolly get a litle pr pop and the back down we go...FU$%!

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cactus33
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its frustrating, but it looks like lanza is still on-going..

the share portion was interesting. at least he's not going to r split us to our demise. still looks like he cares about investors, and pps.

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AZ
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what we want to hear i think the very last line says will be realseased in abother news letter later this week or next
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cactus33
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great, there it goes.. geesh
im tired of these guys pr's that drop pps..

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cactus33
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I just sent an email to them and told that newsletter was poorly executed, and pretty much lame.
told them to freakin pr something positive

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cactus33
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why not update us now with the oil fields they have going. wtf was that, dangling the carrot in our face, someone didnt like it, huge sell order and then it popped right back.. was that you gnul, pissed at adam. lol
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cactus33
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well, they return mail quick.. i told us them to update us now about the oilfields

Mr..

We will be releasing other newsletters very soon to continue
communications with
shareholders and the investing public. We will be putting press
releases as
news developments warrant it. Thanks for your comments.

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gnulnx
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Naw it wasn't me...yet.

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cactus33
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gnul, you may want to enable your private message.

sometimes you can learn things from people here that cant post it in public.

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cactus33
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gonna let this thread go take a rest on the second page.. threads too tired right now, and everyone is sick of looking at lawsuit settlement...

i guess i'll look for a job... WRONG..

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gnulnx
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They are enabled now. I didn't even know they existed!

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cactus33
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check this out.. just released another newsletter.

just saw it

havent read
http://www.omogoil.com/omognlyoungupdatefinal.pdf

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cactus33
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pps down again.. thanks adam
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cactus33
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popped back up.. btw there is a second newsletter guys..


It looks to me like they have a good case against young. and interesting how young offered the money back, but didnt come thru.. no mud-slinging either..

and lanza settlement looks like its still there

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Rbreb13
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Yeah, the newsletter(s) were a bit disappointing. But at least they said we would be getting more information in coming weeks.
Maybe this is the start of a PR barrage. We certainly could use something substantial.

Oh well we did close green today so thats something. I'll take 4% a day.

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cactus33
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I thought the second newsletter was much better. young oil case seems stronger than i thought. he's smart in that he doesnt engage in mudslinging like he said. I think people keep waiting for the settlement news and when its not there then they just get impatient. he said that he cant discuss it to the public, makes sense to me. I dont really like fluff pr's but i dont think their is anything with a pr that just says that... OMDA ceo answers questions to investors regarding young oil and status of Lanza case. it may get some people back on board. Im thinking from the last newsletter that bdgr is taking there time getting back the audit on the wells that are being offered in the settlement. BDGR hired an auditor end af april.

Just my opinion

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Rbreb13
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I agree cactus. Its just taking longer than most people expected and impatience is setting in. I think it was Warren Buffet who said something to the effect of "The patient profit from the impatient."

I've got just about the maximum amount of dollars I want to put in this invested already. I'm averaged at .0063 right now and will look to do some more flips to lower it some more. The other day when I flipped those shares I lowered my cost basis by .0006. If I can do that a couple more times I'll be golden.

I'm waiting for the end. I have enough to make some other plays here and there too. NLST was good to me today. Up $300 in one day is cool. But I'm expecting much more. Shares are tight so flipping may not be an option with this one. Wish I had more than 5000 shares.

Good luck to all and hang in there.

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cactus33
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funny that omog is always usually in the top ten most requested at pink sheets. Its always on peoples radars for a good buy in time..
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Rbreb13
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quote:
Originally posted by cactus33:
funny that omog is always usually in the top ten most requested at pink sheets. Its always on peoples radars for a good buy in time..

So true. We'll be in at the bottom when it breaks. But really anything under .01 is going to make people serious bucks. Cabbie I wasn't leaving you out your buy in price will still make you some coin.
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cactus33
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I think cabbie averaged down, so that should help if it runs again. no better time to average down a little at least, right now, if you bought in over a penny. i got my avg to around .006 now..

should be ok..

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cactus33
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Well, another day.. wonder what we'll get today with the OMOG daytime soap opera.

oil and gas up overnight and this morning. Adam has another well coming soon.... This is still a company that will be a winner IMO..

90% of investors would die to have the ceo of the company come out and answer question like adam did the other day. usually these guys hide somewhere and say nothing, answering nothing. OMDA will have its day.. CEO is on the right path.. just a little bumpy right now.

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cactus33
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ask at .0059 ..

mm's gonna let it run?

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cactus33
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weaks are shaken.. buyers losing control. this is gearing up to run IMO
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gnulnx
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Yep it looks that way.

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cactus33
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so geared to run, ubss just jumped on that low ask... whoever is selling that doesnt have L2
bid 3 times the ask and geared to go to .0059.
ubss manip.

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cactus33
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as soon as UBSS scrams this goes to .006

thats if they leave and give up, they will not give up !!!!

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cactus33
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last chance to hop on board before the train leaves the station again IMO..
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cactus33
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i wouldnt be surprised if s t o c k s t e r gets in on omog here...

if it does ... .02 easy

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cactus33
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sellers in complete control now.
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gnulnx
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sellers? Looks like buyers are in control to me!

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hbbus700
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up 11%.. nice...keep running!!!!
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cactus33
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i meant sellers have the buyers by the balls right now.. longs as sellers not selling this low.. sorry for confusion
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hbbus700
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still confused? Because you just confused me!! Stop my head hurts...
OK what is causing this nice little spike right now......Not the newsletters...

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cactus33
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i think its because we were oversold and investors sat on the sidelines and waited for the bottom.
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cactus33
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missed a pr.. i think this was smart to do. i suggested it to bump young oil pr.

OMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
OMDA Oil and Gas, Inc. Announces Weekly "Q & A With the Chairman" Newsletter

HOUSTON, TX, Jun 02, 2006 (MARKET WIRE via COMTEX) -- OMDA Oil and Gas, Inc. (PINKSHEETS: OMOG), announces a new weekly newsletter series focused on answering current shareholder questions.

The first segment was released yesterday and dealt with questions the company had received concerning the initial hostile take-over, the process of choosing its current investments, and restricted share issuances. The next four segments will be released over the next few weeks and will include topics such as project updates, legal updates, financial issues, and the future outlook of OMDA Oil & Gas, Inc. The company is urging all shareholders to submit their questions to IR*omogoil.com with the subject line, "Questions for Adam Barnett."

The company also released a subsequent shareholder bulletin yesterday afternoon, separate from this segmented series of newsletters, which offered updates on both the Young Oil Litigation and the Lanza et al lawsuit. All newsletters can be viewed directly at the company's website at: http://www.omogoil.com/investori.html.

Adam Barnett, Chairman, stated, "I am excited about this newsletter series. Not only does it give all shareholders an opportunity to get their questions answered, but it allows me to go into more detail on certain matters so everyone involved in OMDA Oil & Gas, Inc. is on equal footing in regards to information sharing. I continue to urge all interested parties to submit their questions to the designated e-mail."

About OMDA Oil and Gas, Inc.

OMDA Oil and Gas, Inc. and its wholly owned subsidiaries, OMDA Oil & Gas Management, Inc. and Texas OMDA Drilling & Operating, Inc. and OMDA Oil & Gas, Inc. (Texas), are in the business of oil and gas production and lease acquisition. Currently the Company owns average participation interests approaching 47%, in 355 producing and non-producing oil and gas wells in Louisiana and Texas, as well as 100% gross interest in an undeveloped 1,116 acre, horizontal play in the Panola Field, Panola County, Texas. Current acreage interests include a 15% working interest in 800 acres in Shelby County, TX and a Carried back-in working interest of at least 7.5% up to 37.5% in a 12 well work over play in the Concorde Dome Field in Andersen County, TX.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, statements relating to the future anticipated direction of the Oil and Gas Industry, plans for expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:
OMDA Oil and Gas, Inc.
Investor Relations
800-621-0113
IR*omogoil.com www.omogoil.com

SOURCE: OMDA Oil and Gas, Inc.

CONTACT: mailto:IR*omogoil.com
http://www.omogoil.com

Copyright 2006 Market Wire, All rights reserved.

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