posted
I really just think now its a question of when will they settle, it appears that omog's lawyers are just separating how many counts they can put against bdgr and bdgr is feeling the heat, if any one count were to stick if they dared go to court its most likely would be jail time and loss of a lot of or most of the bdgr, it appears that they could not have acquired these properties legally by the way the omog lawyers were so careful to wait to name bdgr. I think omog lawyers had to make sure they had something solid before they did this, now they are adding to this suit as they discover more and are able to legally force bdgr to turn over documents they need. Why did bdgr just answer to the last petition what about the other ones, something has to be up but we all know that it can stretch out, it would be nice to see it end and see what we have.
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soap opera drama should continue.. hopefully the drama plays out to our advantage this week, compared to all the left field stuff prior. news will be sooner or later in some form. the after burners are starting to fire up for the shuttle, will it go to pluto and beyond or will we self implode at takeoff.
balls in your court... again adam.. look for a settlement on the prior petitions or lawyers talk adam into trial..
suspense....its all about who you want to gamble on..
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really choppy trading right now. its just getting harder for people to get shares at this level. but obviously people are still selling. charts just say to much to me really. it can be gut wrenching sometimes
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I would love to just not watch OMOG for a couple of weeks. Unfortunatly I am not sure enough about it to just walk away.
I hate watching really choppy stocks...better just to check every few days and look at the averages, but if we end up with horrible news (very unlikly) then I want to be there to get out.
posted
OMOG -- OMDA Oil and Gas, Inc. Com (No Par)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES: ****************: Updates on Omda Oil and Gas, Inc
Jun 05, 2006 (M2 PRESSWIRE via COMTEX) -- Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead of the markets. Today's activity on the Nasdaq exchange has brought OMDA Oil and Gas, Inc (OTCPK:OMOG) to the attention of our research team. Our goal is to create a community of international investors who consistently and effectively capitalize on the enormous gains the small-cap Canadian and American exchanges offer.
Shares increase 16% to a high of $.0058 on the pinks Monday. Momentum comes as Omda Oil and Gas, Inc. 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 mailto:IR*omogoil.comIR*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."
posted
A post from Ihub...Not sure if accurate, but interesting..
Posted by: Snappo In reply to: Ajor1 who wrote msg# 1733 Date:6/5/2006 12:16:59 PM Post #of 1744
ajore: Can you tell us why counsel for BDGR has filed a motion o withdraw? Don't tell me that their client proved too recalcitrant and acted in bad faith. Trial could get very very nasty could it not, for those with unclean hands. Good luck to all!
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hbbus700: I believe the information regarding BDGR's motion to withdraw counsel is accurate. It could be difficult but not impossible for them to secure new representation, but time to trial is fast approaching leaving little time to prepare. I hope this can prove to be good incentive to reconsider a fair and equitable settlement.
-------------------- "A billion people CAN be wrong"
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I agree with you on how little time the new lawyers would have to prepare this case. To us investors it seems like an eternity but for lawyers it is almost to short of time especially considering it is several different charges. This might be where the difficulty lies, you need a good criminal, business and property lawyer all in one to defend your case, it appears omog has quite a bit of evidence already. This all plays into omog settlement cards and should help to push the settlement along.
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I guess in a sense they are separate cases between civil and criminal but they could end up being close together in time if they are turned into the proper people. I think if rumor is true they probably had a falling out because of how each felt the case should be handled.
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I doubt it has anything to do with changing counsel or similar. The saying lawyers want blood is accurate. They want to keep racking up the money and pressure to get these guys to settle. the longer they stall the lawyers will be tempted to file another amended. yes, almost positive that the petitions are filed for the public to see, im not sure if you can see each amended petition, maybe just the date each one was amended. I posted the link to the houston courthouse a while back where you can view omda's file.. Im guessing that the settlement will happen and will cover the prior past 3 petitions and what they asked for, or bits and pieces from each amended petition. But. you never know. I dont think it will be close to 32 million though maybe a third of that tops.. just guessing and speculation
The charts are looking great IMO, and
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I went looking for that link last night could not find it, do you remember what page it was on. You would think we could look at the petitions so we know exactly what they all say.
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im working on one of those cheesy pop up pools for the backyard. im too busy.. i dont know which page. you may only be able to view them at the courthouse, i dont know if it is public info or not. it may be confidential. hub may have a link to it..
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I will see if i can dig deeper it does not say, it just appears that on 6/20/06 that a quash of depositions and withdrawal of an attorney will be heard.
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ohhh, good more dpositions, probably doesnt mean much, as there are plenty thing scheduled. hopefully they settle and we dont have to waste any more court time. maybe its bdgr's lawyer giving up on bdgr clowns
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Green again. Low volume is killing us. It gives the MM's to much room to play us.
Is it BDGR's lawyer thats pulling out? That could be very good for us. Makes BDGR look all the more guilty. Maybe they had a lawyer that had some ethics and he wouldn't lie for them?
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Not sure what lawyer, tomorrow i will see what i can find out could not get much off the court web site, maybe it was recently entered and not everything is in the system yet, neither side is saying anything about it yet.
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