posted
I think the big question on inside information in general is not necessarily the person who talks about it but rather where it came from first and the reason, especially if it appears to be information that the general investor would not have. As far as a legal description its good to know, but does not really matter because who enforces much of anything, the sec? Where were they when investors were being had?(if they were) we will have to wait for the courts to decide that. I feel that the pps. reflects that a lot of investors like myself feel that OMOG does not have oil pumping, but holds some property that might pump someday and i look at the pps as just a little below that of oil companies that i feel are in the same situation, i hope they are pumping oil that would be a nice surprise as long as it was not costing more than the oil is worth. I put the possible settlement in a complete different league for the pps. The one thing that seems to be over looked is that at one point there was a settlement(if we believe omog) so why would there have ever been talks if there was no wrong that was done. I read as much as i can and i try and figure out which investors are here for fun and investing in general and who are here for other reasons and that includes stuff from other boards. I am not defending omog or even suggesting to invest in this stock i just try and have a little fun and learn from everyone else, i just wish the penny market would start its rebound...Good luck to all.
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"As I was on the King Resources( KING) conference call today( all hour and 14 fourteen minutes), I couldn't help but notice some interesting research I stumbled on. Art's or "tchauncy"'s Raging bull posts on the KING board started on May 1st. Look at the stock chart from May 1st til today. A huge run from .02 to .20 or so( 1000% run up). We know Art was stuck in this stock for 5-6 years as well and after HBSL's meltdown to .12 I guess he needed a runner. Then I pulled up OMOG's chart over the same time period. .01 down to .004. The charts are clear that he and people who listen to him sold a bunch of OMOG to buy KING. I just think it's interesting. I also find Art's hypish posts on the KING RB board interesting. I didn't think the conference call was very good. From the speakers on the call, their organization or their plan I have major concerns but I do hope they are successful. They could not have prepared much for the call at all, I had a room full of people listening in with me and they all were embarrassed for the speakers and company. Only three questions came in at the end of the call. When asked how much cash they had on hand they kept repeating " not much" or they would guess. Mike Fearnow had some solid questions about their becoming fully reporting and filing. The questions were solid and they responded " we feel it'll be done in October." Then Mike asked them if they had even retained or chosen a firm that was going to take on this huge task and they said no( how did they guess October then?). They already have a market cap of 26 million and they need to raise 5 million or more( for starters), I would take some profits if I had some. Then they spoke of some Florida investor's that they felt were "pretty serious" about investing 50 million into the company. Without cash in the company, no completed financials for the last five years and a cap of 25 million ( which was 2.5 million only 7 weeks ago), for restricted shares, why would anyone invest 50 million into a company that they wouldn't be controlling? I have some friends in Texas that knew Mike King and John Edwards who started this deal and some of the current management team as well. He didn't have anything nice to say about those people but I won't post rumors here. Anyways, since Art is so hot for KING the last few months and still recently after a 1000% pop from .02 I would like to extend the following challenge. I believe OMOG will out perform KING by a landslide over the next 9 months. I also believe he is not done selling OMOG to buy more shares of KING ( as the charts over the last 2 months show) , so I want to start the challenge in one month from today. Both companies have expressed a need for more capital soon and this "month" also allows for each company to try and secure the best funding possible. Art thinks KING can be worth several dollars a share with their current projects alone, at $2 a share that's another 1000% gain. OMOG would have to be trading at .041 from current levels to outperform that upward move from KING if it happened. If OMOG doesn't win the challenge I will step down as Chairman. We'll know in 10 months what's decided.
posted
cactus, except for the John Lee post all the others are older and just a repost by snappo. Still good for those that don't know this but its to bad he didn't put a date with all those reposts he put up today.
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10 new members over there, snappo, werent you the one that came blazing thru here when I questioned AB before, now you have the same concerns, I called AB out then to come over here too, and answer questions. but you were so positive that you all could get to the bottom of everything over there. BS.... I told you back then that the thread over there was to one sided.....
shut down that pos private board and come over to hub and here. then we'll get to the bottom of things... wanna listen this time snappo..
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I do remember Snappo was wondering where he was at, went back and read some of his comments there was one i remember that i can't find. I also went back and read Usasail's comments about omog before Adam they were interesting.
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I'm seriously considering droping this POS... What is the deal with management? Are they trying to bring this thing down. I was hoping to hold until the trial, but that was back when the pps was holding at .004 for so long. I'm averaged higher than .004 so I'm way down. I don't want to sink anymore into this with AB out there sounding like a 5th grader. The website isn't even up, what the crap? If they are updating it they should let us know, not just leave it down for 4 days with no word.
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I don't get most of this drivel that has been posted from AB. Perhaps I haven't been in this stock long enough to understand. Why is Adam posting on those boards anyway? Usually company executives are very cautious when posting to public forums. I guess Adam is too busy posting messages to realize that the web site has been down for a few days along with the pps.
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Guys do me a favor. Let's hold off on talking about ROX, Adam, and OMDA for today. I have been working on something and we should take a break until we see if it works. There should be a little news on this board later as to a plan. To be honest I think notice has been taken of our concerns. Really there are not any more issues I can think of we could bring up. So,Let's give people time to get some plans in the works. Sincerely, William
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"I agree and will do, what's your phone number for that shout out? "
Your sentence can be read into two ways:
1/. You agree and will do no more 504, or
2/. You agree and will do a 504.
Which one is it? Can you give a certain answer? 1/. Or 2/.?
You see, Adam, there are two kinds of people in the world - smart ones and wise ones.
A smart person makes money by himself, however, a wise person would get smart ones making money for him.
In the past 3 years, you have been basically on your own or with a few of your close friends who will never sell you out such as your beautiful secretary and personal lawyer. How do I know you have a beautiful secretary? Well, in the movies, every bad guy has a beautiful blonde following him. Those women think following a guy who likes walking on edge is a cool thing to do.
How much money have you raised from two 504 in the past 3 years ? Two millions? Could more. Let’s just say two millions for the sake of argument. In order to make these two millions, you had to run around like a fly with its head being chopped off to cover things up with a risk of being sued. Has the stock value of OMOG increased in the past 3 years? No, on the contrary, it has dropped quite a bit. Therefore, your net gain probably is much less than the two millions.
TC brought a bunch of good people to you 3 years ago. It is a life time opportunity that many people would not have at your age. You have already got a jump start there. If you had capitalized on them wisely, treated them as decent human beings instead of mindless suckers and let those people do the work for you, the stock value could be at 0.05 or 0.10 by now. In the mean time, you would get all the glory of success. Which approach would be better?
The former approach would be just fine if you had messed around with the day traders at AllStocks or Ihub. Many of them only gamble a few thousand bucks on any specific stock. If they had lost 50%, they would sell it, lick their wounds and move on to another play. They understand it is a part of the game. However, the people here are not day traders. Many of them have never bought a pink stock or would even never ever take a look at pink stocks. They are investors. If they lose money on something, they will not just walk away, forget about it and look for something else like those day traders. Those investors will never leave OMOG until they get their money back. At Ihub today. some traders bought a million shares at 0.0034 a few days ago are already debating if they should sell it at 0.0027 and buy back at 0.002 later. You see the difference between these two?
I still have a lot to talk about, however, time is running out here. I will save it for the next time, the better, I wish I will never need the next time.
I have already told my fellow villagers that you are going to have a good plan for them, and this time, it will be a really good one. I also told them that you would not let them down this time. They are quite excited about it and look forward to your announcement. At the same time, they wanted me to tell you that they wish you the best for whatever you do in your life.
posted
He was appointed as COO. This comapny is hanging onto the hopes that they win the lawsuit that goes to trial Nov. 13th. If OMDA wins, should get some wells back. No hope of well results till after the trial
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