Omega Commercial Finance Corp (fka OCFN)

[kd1911]

There will never be any news that makes this dog run. Get out at .0001 if you can so you don’t lose all your money. If this company doesn’t just get delisted and fold they will have to do another massive reverse split eventually. My guess is the only reason they haven’t done that yet is because they haven’t had the money to do it. This is a bankrupt company that owes millions in judgments they never pay on and no doubt owes a lot of other money on top of that. They have no assets to speak of, can’t really own anything of value because their judgment creditors would have it sold on the courthouse steps so they can get paid. They’ve diluted out the several billion shares from the 20,000 or so they had the summer of 2014 after their last massive reverse split. Pump and dump campaigns don’t work for them anymore because so many are holding their worthless shares and they sell whenever there is volume. They sell into the news so the Omega guys can’t dump much if any shares. The only way to cut all that competition out is to do a massive reverse split. Share price would go way up briefly when 20 or 30 or 50 thousand shares are folded into one, but price would quickly tank after the reverse split as always happens and you’d have a tiny fraction of the number of shares you have now worth a lot less than if you sold all your shares at .0001 now. Get out while you can. Salvage a little money at least and write this off as a earning experience.