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Re: Louislasvegas post# 14230

Wednesday, 04/05/2017 3:43:10 PM

Wednesday, April 05, 2017 3:43:10 PM

Post# of 15541
That could happen, but it should have happened a long time ago and I'm thinking the Feds just don't care that much about scam companies that barely have any trading volume like this one. Even on days where millions and millions of shares change hands the price is so low it doesn't amount the much money. With the Trump administration wanting to focus all federal law enforcement resources on drugs and violent crime, it's even less likely the Feds prosecute people like this. I wouldn't count on this company getting shut down anytime soon. They aren't going to make any money. Share price isn't going to go up much at all because there are somewhere around 4 billion shares out there and a lot of folks dying to dump what they have. Competition to sell shares in this turd of a company is fierce and desperate sellers prevent share price from going up because they sell into any news and sell whenever the price goes up even a little forcing it right back down. It happens over and over again. The only thing that will bring the price up is that massive reverse split we all know is coming. Share price will be much higher briefly, but your 50,000 shares will have turned into 1 or something like that. Then of course after the split Omega will dilute like crazy and the price will drop through the floor and all these people buying now because it's cheap and it seems it has nowhere to go but up will lose everything they've bet on this company.

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