Omni Shrimp Inc. (fka OMSH)

[sunspotter]

Good news!

NNAN still has $66 (no zeroes missing) in the bank, and until the next time Jim Wemett needs some folding money to slip into the g-strings of the entertainers at the Rochester "Bada Bing!" club, it may even stay in the bank.

Unlike all the millions of dollars that Mike Weiner and Jim Wemett have siphoned off from this sorry scam over the years.

That would be $25,698,561 and counting that they've stolen since they started this scam (they only cleared about half that from the BIPH racket so things are looking up for organized crime in upstate NY).

The less good news is that everything else continues to go to hell in a handbasket, even with made up revenues:


http://ih.advfn.com/p.php?pid=nmona&article=66951459&symbol=NNAN

The $51,768 they claim to have spent on Investor Relations during the first quarter is especially amusing.

Although the usurious rates that Wemett is charging his own company through his toxic finace vehicles should raise a guffaw or two as well:

"The Company entered into Forbearance Agreements with Alpha Capital Anstalt, Marlin Capital Investments and Bull Hunter LLC effective on January 1, 2015 and March 5, 2015, relating to the Company’s default on various terms and conditions with borrowing agreements. The lenders agreed to not take any action or exercise or move to enforce any rights or remedies provided for in the various loan documents or otherwise available to it, under law or equity, due to the events of default under the existing Senior Secured Convertible and Promissory Notes until June 30, 2015. The lenders increased the interest rate on the debt to 18% during the forbearance period."