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OFSI Omni Financial Services, Inc. has taken a pullback to .0050 providing an opportunity to get in at a bottom price. This is a good opportunity. This stock will fly.
OFSI Omni Financial Services, Inc. hits an upwards three year price breakout. All indicators show an upward trend. It moved from .001 - .015 today, then took a pullback giving much more room to run. This is you chance to buy and hold until you reach you sell price goal. The time to take advantage of this opportunity is now.
hi
OFSI now at .01395. The whales are circling, it's time to jump into the water.
OFSI Omni Financial services, has already gone from .001 to .006. Its still early in the game to make a huge profit today. Sector - Banking and Finance. Don't miss out. jump in now.
OFSI went from .001 to .006 in a matter of minutes. Let's go. There's room for a much bigger jump.
OFSI Omni Financial services, has already gone from .0029 to .006. Its still early in the game to make a huge profit today. Sector - Banking and Finance. Don't miss out. jump in now.
Can anyone give me the 30sec run down on this stock?
Very low float....
Anything worth looking at?
thanks super. yup patience equals $$$$$$$$$
OFSI .08, up 100,000 percent I think :) nice hold since Jan at least on tape, lol. Another lesson for those who need instant satisfaction from penny plays.
OFSI >0077 tiny vol still holding from months ago. Maybe it ready soon
thanks man been a great week for holds
Excellent work Gum
congrats again
MK
I buy them when no one else wants them and wait. Most arent willing to be patient. But after hitting a few 10,000%ers over the years i realized patience pays. Doesnt matter if company in business or how crappy filing looks if the SS right or they do become active again they will get some kind of push from some group eventually. Sure the SEC suspends a few for no reason but the ones that do run, run big. I find them when they hit my bounce or volume filters.
Congrats !
this hardly ever trades
are they still in business ?
website makes no mention of being publicly traded
how do you even find these ?
MK
of course 100k. even got some .001 a while back ; )
http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=15877&srchyr=2013&SearchStr=ofsi
Did you have any left ?
MK
stock meister is already out with his 700% gain while everyone sinks.
99% now in the red - anyone following "Kiss of Death" stockmister should not be trading in the market lol
Yup another disaster waiting to happen lol
STOCKFISTER PUMP AND DUMP....stay far, far away!!!
OFSI is already up by 100%.now it is at 198%
OFSI >0077 tiny vol still holding from months ago. Maybe it ready soon
Pink No Information 6700 3mo. avg vol
Contact Info
12610 New Brittany Blvd.
Ft. Myers, FL 33907
Website: http://www.omnifinserv.com/
Phone: 239-939-4455
Update Company Info
Business Description
Financial Reporting/Disclosure
Reporting Status SEC Filer
Audited Financials Not Available
Latest Report Not Available
Regulatory Agency Not Available
CIK 0001362599
Fiscal Year End 12/31
OTC Market Tier OTC Pink No Information
Profile Data
SIC - Industry Classification 6021 - National commercial banks
Incorporated In: GA, USA
Year of Inc. Not Available
Employees Not Available
Company Officers
Stephen M. Klein CEO
Thomas J. Flournoy CFO
Company Directors
Not Available
Service Providers
Auditor/Accountant
Not Available
Legal Counsel
Not Available
Investor Relations Firm
Not Available
OFSI Security Details
Share Structure
Market Value1 $22,226 a/o Sep 21, 2012
Shares Outstanding 11,113,148 a/o Oct 31, 2007
Float Not Available
Authorized Shares Not Available
Par Value 1
Shareholders
Shareholders of Record Not Available
Corporate Actions
Ex. Date Record Date Pay Date
Dividend () Nov 08, 2007 Nov 13, 2007 Nov 20, 2007
Dividend (0.05) Nov 08, 2007 Nov 13, 2007 Nov 20, 2007
Dividend (0.05) Aug 02, 2007 Aug 06, 2007 Aug 21, 2007
Security Notes
Note = deleted from NASDAQ on 07/22/08
Short Selling Data
Short Interest 0 (-100%)
Jul 15, 2009
Significant Failures to Deliver No
Transfer Agent(s)
<<< $OFSI Links! >>> ~ MAC's Quick DD Links without the charts.
Open these links (or the ones you desire) in background tabs
http://help.opera.com/Linux/9.52/en/keyboard.html
http://lifehacker.com/263940/force-links-to-open-in-the-background
PennyStockTweets ~ http://www.pennystocktweets.com/stocks/profile/OFSI
OTC Markets Company Info ~ http://www.otcmarkets.com/stock/OFSI/company-info
OTC Markets Charts ~ http://www.otcmarkets.com/stock/OFSI/chart
OTC Markets Quote ~ http://www.otcmarkets.com/stock/OFSI/quote
OTC Markets News ~ http://www.otcmarkets.com/stock/OFSI/news
OTC Markets Financials ~ http://www.otcmarkets.com/stock/OFSI/financials
OTC Markets Short Sales ~ http://www.otcmarkets.com/stock/OFSI/short-sales
OTC Markets Insider Disclosure ~ http://www.otcmarkets.com/stock/OFSI/insider-transactions
OTC Markets Research Reports ~ http://www.otcmarkets.com/stock/OFSI/research
Google Finance Summary ~ http://www.google.com/finance?q=OFSI
Google Finance News ~ http://www.google.com/finance/company_news?q=OFSI
Google Finance Option chain ~ http://www.google.com/finance/option_chain?q=OFSI
Google Finance Financials ~ http://www.google.com/finance?q=OFSI&fstype=ii#
Google Finance Historical prices Daily ~ http://www.google.com/finance/historical?q=OFSI
Google Finance Historical prices Weekly ~ http://www.google.com/finance/historical?q=OFSI&histperiod=weekly#
Y! < Company >
Y! Profile ~ http://finance.yahoo.com/q/pr?s=OFSI+Profile
Y! Key Stat's ~ http://finance.yahoo.com/q/ks?s=OFSI+Key+Statistics
Y! Headlines ~ http://finance.yahoo.com/q/h?s=OFSI+Headlines
Y! Summary ~ http://finance.yahoo.com/q?s=OFSI
Y! Historical Prices ~ http://finance.yahoo.com/q/hp?s=OFSI+Historical+Prices
Y! Order Book ~ http://finance.yahoo.com/q/ecn?s=OFSI+Order+Book
Y! Message Boards ~ http://messages.finance.yahoo.com/mb/OFSI
Y! Market Pulse ~ http://finance.yahoo.com/marketpulse/OFSI
Y! Technical Analysis ~ http://finance.yahoo.com/q/ta?s=OFSI+Basic+Tech.+Analysis
Y! < Analyst Coverage >
Y! Analyst Opinion ~ http://finance.yahoo.com/q/ao?s=OFSI+Analyst+Opinion
Y! Analyst Estimates ~ http://finance.yahoo.com/q/ae?s=OFSI+Analyst+Estimates
Y! Research Reports ~ http://finance.yahoo.com/q/rr?s=OFSI+Research+Reports
Y! Star Analysts ~ http://finance.yahoo.com/q/sa?s=OFSI+Star+Analysts
Y! < Ownership >
Y! Major Holders ~ http://finance.yahoo.com/q/mh?s=OFSI+Major+Holders
Y! Insider Transactions ~ http://finance.yahoo.com/q/it?s=OFSI+Insider+Transactions
Y! Insider Roster ~ http://finance.yahoo.com/q/ir?s=OFSI+Insider+Roster
Y! < Financials >
Y! Income Statement ~ http://finance.yahoo.com/q/is?s=OFSI+Income+Statement&annual
Y! Balance Sheet ~ http://finance.yahoo.com/q/bs?s=OFSI+Balance+Sheet&annual
Y! Cash Flow ~ http://finance.yahoo.com/q/cf?s=OFSI+Cash+Flow&annual
FINVIZ ~ http://finviz.com/quote.ashx?t=OFSI&ty=c&ta=0&p=d
Investorshub Trades ~ http://ih.advfn.com/p.php?pid=trades&symbol=OFSI
Investorshub Board Search ~ http://investorshub.advfn.com/boards/getboards.aspx?searchstr=OFSI
Investorshub PostStream ~ http://investorshub.advfn.com/boards/poststream.aspx?ticker=OFSI
Investorshub Messages ~ http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=OFSI
Investorshub Videos ~ http://ih.advfn.com/p.php?pid=ihvse&ihvqu=OFSI
Investorshub News ~ http://ih.advfn.com/p.php?pid=news&btn=s_ok&ctl00%24sb3%24tbq1=Get+Quote&as_values_IH=&ctl00%24sb3%24stb1=Search+iHub&symbol=OFSI&s_ok=OK&from_month=3&from_day=15&from_year=2012&order=desc&selsrc%5B%5D=prnca&selsrc%5B%5D=prnus&selsrc%5B%5D=zacks&selsrc%5B%5D=money2&selsrc%5B%5D=djn&selsrc%5B%5D=bw&selsrc%5B%5D=globe&selsrc%5B%5D=edgar&selsrc%5B%5D=mwus&force=1&last_ts=1331855999&p_n=1&p_count=&p_ts=1331794260
CandlestickChart ~ http://www.candlestickchart.com/cgi/chart.cgi?symbol=OFSI&exchange=US
Barchart Quote ~ http://barchart.com/quotes/stocks/OFSI?
Barchart Detailed Quote ~ http://barchart.com/detailedquote/stocks/OFSI
Barchart Options Quotes ~ http://barchart.com/options/stocks/OFSI
Barchart Technical Chart ~ http://barchart.com/charts/stocks/OFSI&style=technical
Barchart Interactive Chart ~ http://barchart.com/charts/stocks/OFSI&style=interactive
Barchart Technical Analysis ~ http://barchart.com/technicals/stocks/OFSI
Barchart Trader's Cheat Sheet ~ http://barchart.com/cheatsheet.php?sym=OFSI
Barchart Barchart Opinion ~ http://barchart.com/opinions/stocks/OFSI
Barchart Snapshot Opinion ~ http://barchart.com/snapopinion/stocks/OFSI
Barchart News Headlines ~ http://barchart.com/news/stocks/OFSI
Barchart Profile ~ http://barchart.com/profile//OFSI
Barchart Key Statistics ~ http://barchart.com/profile.php?sym=OFSI&view=key_statistics
OTC: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=OFSI&MarketTicker=OTC&TYP=S
NASDAQ: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=OFSI&MarketTicker=NASD&TYP=S
NYSE: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=OFSI&MarketTicker=NYSE&Typ=S
Marketwatch Profile ~ http://www.marketwatch.com/investing/stock/OFSI/profile
Marketwatch Analyst Estimates ~ http://www.marketwatch.com/investing/stock/OFSI/analystestimates
Marketwatch Historical Quotes ~ http://www.marketwatch.com/investing/stock/OFSI/historical
Marketwatch Financials ~ http://www.marketwatch.com/investing/stock/OFSI/financials
Marketwatch Overview ~ http://www.marketwatch.com/investing/stock/OFSI
Marketwatch SEC Filings ~ http://www.marketwatch.com/investing/stock/OFSI/secfilings
Marketwatch Picks ~ http://www.marketwatch.com/investing/stock/OFSI/picks
Marketwatch Hulbert ~ http://www.marketwatch.com/investing/stock/OFSI/hulbert
Marketwatch Insider Actions ~ http://www.marketwatch.com/investing/stock/OFSI/insideractions
Marketwatch Options ~ http://www.marketwatch.com/investing/stock/OFSI/options
Marketwatch Charts ~ http://www.marketwatch.com/investing/stock/OFSI/charts
Marketwatch News ~ http://bigcharts.marketwatch.com/news/symbolsearch/symbolnews.asp?news=markadv&symb=OFSI&sid=1795093&framed=False
The Lion ~ http://thelion.com/bin/aio_msg.cgi?cmd=search&msg=&si=1&tw=1&tt=1&rb=1&ih=1&fo=1&iv=1&yf=1&sa=1&fb=1&gg=1&symbol=OFSI
Search NYSE ~ http://www.nyse.com/about/listed/lcddata.html?ticker=OFSI
StockTA ~ http://www.stockta.com/cgi-bin/analysis.pl?symb=OFSI&num1=567&cobrand=&mode=stock
StockHouse ~ http://www.stockhouse.com/financialtools/sn_overview.aspx?qm_symbol=OFSI
StockHouse Delayed LII ~ http://www.stockhouse.com/financialtools/sn_level2.aspx?qm_page=46140&qm_symbol=OFSI
AlphaTrade ~ http://tools.alphatrade.com/index.php?t1=mc_quote_module&t2=mc_quote_module2&t3=historical&template=historical2html&sym=OFSI&client_id=2740&a_width=680&a_height=1000&language=english&showVol=1&chtype=8
Reuters ~ http://www.reuters.com/finance/stocks/companyOfficers?symbol=OFSI.PK&WTmodLOC=C4-Officers-5
StockWatch ~ http://www.stockwatch.com/Quote/Detail.aspx?symbol=OFSI®ion=U
Search NASDAQ ~ http://www.nasdaq.com/symbol/OFSI
NASDAQ Divy History ~ http://www.nasdaq.com/symbol/OFSI/dividend-history
NASDAQ Short Interest ~ http://www.nasdaq.com/symbol/OFSI/short-interest
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/OFSI/institutional-holdings
NASDAQ FlashQuotes ~ http://www.nasdaq.com/aspx/flashquotes.aspx?symbol=OFSI&selected=OFSI
NASDAQ InfoQuotes ~ http://www.nasdaq.com/aspx/infoquotes.aspx?symbol=OFSI&selected=OFSI
NASDAQ After Hours Quote ~ http://www.nasdaq.com/symbol/OFSI/after-hours
NASDAQ Pre-Market Quote ~ http://www.nasdaq.com/symbol/OFSI/premarket
NASDAQ Historical Quote ~ http://www.nasdaq.com/symbol/OFSI/historical
NASDAQ Option Chain ~ http://www.nasdaq.com/symbol/OFSI/option-chain
NASDAQ Company Headlines ~ http://www.nasdaq.com/symbol/OFSI/news-headlines
NASDAQ Press Releases ~ http://www.nasdaq.com/symbol/OFSI/news-headlines
NASDAQ Sentiment ~ http://www.nasdaq.com/symbol/OFSI/sentiment
NASDAQ Analyst Summary ~ http://www.nasdaq.com/symbol/OFSI/analyst-research
NASDAQ Guru Analysis~ http://www.nasdaq.com/symbol/OFSI/guru-analysis
NASDAQ Stock Report ~ http://www.nasdaq.com/symbol/OFSI/stock-report
NASDAQ Competitors ~ http://www.nasdaq.com/symbol/OFSI/competitors
NASDAQ Stock Consultant ~ http://www.nasdaq.com/symbol/OFSI/stock-consultant
NASDAQ Stock Comparison ~ http://www.nasdaq.com/symbol/OFSI/stock-comparison
NASDAQ Call Transcripts ~ http://www.nasdaq.com/symbol/OFSI/call-transcripts
NASDAQ Annual Reports ~ http://www.nasdaq.com/aspx/annualreport.aspx?symbol=OFSI&selected=OFSI
NASDAQ Financials ~ http://www.nasdaq.com/symbol/OFSI/financials
NASDAQ Revenue & Earnings Per Share (EPS) ~ http://www.nasdaq.com/symbol/OFSI/revenue-eps
NASDAQ SEC Filings ~ http://www.nasdaq.com/symbol/OFSI/sec-filings
NASDAQ Ownership Summary ~ http://www.nasdaq.com/symbol/OFSI/ownership-summary
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/OFSI/institutional-holdings
NASDAQ (SEC Form 4) ~
--------- All Trades ~ http://www.nasdaq.com/symbol/OFSI/insider-trades
--------- Buys ~ http://www.nasdaq.com/symbol/OFSI/insider-trades/buys
--------- Sells ~ http://www.nasdaq.com/symbol/OFSI/insider-trades/sells
The Motley Fool ~ http://caps.fool.com/Ticker/OFSI.aspx
The Motley Fool Earnings/Growth ~ http://caps.fool.com/Ticker/OFSI/EarningsGrowthRates.aspx?source=itxsittst0000001
The Motley Fool Ratios ~ http://caps.fool.com/Ticker/OFSI/Ratios.aspx?source=itxsittst0000001
The Motley Fool Stats ~ http://caps.fool.com/Ticker/OFSI/Stats.aspx?source=icasittab0000006
The Motley Fool Historical ~ http://caps.fool.com/Ticker/OFSI/Historical.aspx?source=icasittab0000004
The Motley Fool Scorecard ~ http://caps.fool.com/Ticker/OFSI/Scorecard.aspx?source=icasittab0000003
The Motley Fool Statements ~ http://caps.fool.com/Ticker/OFSI/Statements.aspx?source=icasittab0000009
MSN Money ~ http://investing.money.msn.com/investments/stock-ratings?symbol=OFSI
YCharts ~ http://ycharts.com/companies/OFSI
YCharts Performance ~ http://ycharts.com/companies/OFSI/performance
YCharts Dashboard ~ http://ycharts.com/companies/OFSI/dashboard
InsideStocks Opinion ~ http://www.insidestocks.com/texpert.asp?sym=OFSI&code=XDAILY
InsideStocks Profile ~ http://www.insidestocks.com/profile.asp?sym=OFSI&code=XDAILY
InsideStocks Quote ~ http://www.insidestocks.com/quote.asp?sym=OFSI&code=XDAILY
InsideStocks Projection ~ http://charts3.barchart.com/procal.asp?sym=OFSI
Zacks Quote ~ http://www.zacks.com/stock/quote/OFSI
Zacks Estimates ~ http://www.zacks.com/research/report.php?type=estimates&t=OFSI
Zacks Company Reports ~ http://www.zacks.com/research/report.php?type=report&t=OFSI
Knobias ~ http://knobias.10kwizard.com/files.php?sym=OFSI
StockScores ~ http://www.stockscores.com/quickreport.asp?ticker=OFSI
Trade-Ideas ~ http://www.trade-ideas.com/StockInfo/OFSI/HOT_TOPIC.html
Morningstar ~ http://performance.morningstar.com/stock/performance-return.action?region=USA&t=OFSI&culture=en-US
Morningstar Shareholders ~ http://investors.morningstar.com/ownership/shareholders-overview.html?t=OFSI®ion=USA&culture=en-us
Morningstar Transcripts~ http://www.morningstar.com/earnings/NoTranscript.aspx?t=OFSI®ion=USA
Morningstar Key Ratios ~ http://financials.morningstar.com/ratios/r.html?t=OFSI®ion=USA&culture=en-US
Morningstar Executive Compensation ~ http://insiders.morningstar.com/trading/executive-compensation.action?t=OFSI®ion=USA&culture=en-us
Morningstar Valuation ~ http://financials.morningstar.com/valuation/price-ratio.html?t=OFSI®ion=USA&culture=en-us
CCBN (Thompson Reuters) ~ http://ccbn.aol.com/company.asp?client=aol&ticker=OFSI
TradingMarkets ~ http://pr.tradingmarkets.com/?lid=leftPRbox&sym=OFSI
OTCBB ~ http://www.otcbb.com/asp/SiteSearch.asp?Criteria=OFSI&searcharea=e&image1.x=0&image1.y=0
Insidercow ~ http://www.insidercow.com/history/company.jsp?company=OFSI&B1=Search%21
Forbes News ~ http://search.forbes.com/search/find?tab=searchtabgeneraldark&MT=OFSI
Forbes Press Releases ~ http://search.forbes.com/search/find?&start=1&tab=searchtabgeneraldark&MT=OFSI&pub=businesswire,prnewswire&searchResults=pressRelease&tag=pr&premium=on
Forbes Web ~ http://search.forbes.com/search/web?MT=UNGS&start=1&max=10&searchResults=web&tag=web&sort=null
YouTube Symbol Search ~ http://www.youtube.com/results?search_query=OFSI
Buy-Ins ~ http://www.buyins.net/tools/symbol_stats.php?sym=OFSI
Quotemedia ~ http://www.quotemedia.com/results.php?qm_page=47556&qm_symbol=OFSI
Earnings Whispers ~ http://www.earningswhispers.com/stocks.asp?symbol=OFSI
Bloomberg Snapshot ~ http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=OFSI
Bloomberg People ~ http://investing.businessweek.com/research/stocks/people/people.asp?ticker=OFSI
Financial Times ~ http://markets.ft.com/Research/Markets/Tearsheets/Summary?s=OFSI
Investorpoint ~ http://www.investorpoint.com/ enter "OFSI" and click search.
Hotstocked ~ http://www.hotstocked.com/ enter "OFSI" and click search.
Raging Bull ~ http://ragingbull.quote.com/mboard/boards.cgi?board=OFSI
Hoovers ~ http://www.hoovers.com/search/company-search-results/100003765-1.html?type=company&term=OFSI
DD Machine ~ http://www.ddmachine.com/default.asp?m=stocktool_frame.asp?symbol=OFSI
SEC Form 4 ~ http://www.secform4.com/insider/showhistory.php?cik=OFSI
OTCBB Pulse ~ http://www.otcbbpulse.com/cgi-bin/pulsequote.cgi?symbol=OFSI
Failures To Deliver ~ http://failurestodeliver.com/default2.aspx enter "OFSI" and click search.
http://www.coordinatedlegal.com/SecretaryOfState.html
http://regsho.finra.org/regsho-Index.html
http://www.shortsqueeze.com/?symbol=OFSI&submit=Short+Quote%99
DTCC (PENSON/TDA) Check - (otc and pinks) - Note ~ I did not check for this chart blast. However, I try and help you to do so with the following links.
IHUB DTCC BOARD SEARCH #1 http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=OFSI
IHUB DTCC BOARD SEARCH #2: http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=14482&srchyr=2011&SearchStr=OFSI
Check those searches for recent OFSI mentions. If OFSI is showing up on older posts and not on new posts found in link below, The DTCC issues may have been addressed and fixed. Always call the broker if your security turns up on any DTCC/PENSON list.
http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=Complete+list
For a complete list see the pinned threads at the top here ---> http://tinyurl.com/TWO-OLD-FARTS
MACDlinks
Annual Sales:
http://free.salesfuel.com/companies/Omni-Financial-Service-Inc-1357438.html
$1 Million - $4.9 Million
Dennis Harrelson, President ChFc DD:
1.ices+inc..htm
2. http://www.spoke.com/info/p4lp03k/DennisHarrelson
3. http://www.insiderpages.com/b/3712759505/omni-financial-svc-fort-myers
Company Website:
http://www.omnifinserv.com/
OFSI - (Holding Company) DD:
1.http://www.federalreserve.gov/newsevents/press/enforcement/enf20090317b1.pdf
2.http://www.realpennies.com/otc/OFSI/
3. http://companydatabase.org/c/holding-companies-bank/financial-holding/financial-services/omni-financial-services-inc.html
4.http://www.fda.gov/AboutFDA/WorkingatFDA/Ethics/ucm079722.htm
5. Outstanding is 11.1 Million
6. Float is 5.6 Million
OFSI---Looking good.Adding more today
LOOKS LIKE THIS ONE HAD SOME NICE HITS WEDNESDAY.
SOMETHING IS UP I BELIEVE.
Looks like something is cooking. Even a shell could be a R/M candidate.Super low SS would be great.
Yes it does. But Omni, the holding company, may still have some non-bank subsidiaries, but it is not clear what they are and whether or not they worth anything and/or are still operating.
If you have any additional information, I'd be interested to know. My efforts to contact Stephen Klein several months ago failed.
;)
Hmmm does that statement still hold true?
Yes and of course there are reasons. I got out when it popped a few times because there was no information I could find on Omni's other interests/subsidiaries. I did lots of research and even tried to contact the CEO, but no luck (instead talked to a nice attorney with the same name). The only thing I DO know as far as the bank goes is that they were auctioning off copiers and other bank equipment. So sad.
Unless they start talkin' the only thing you can hope for is a pop now and then for no reason. But I actually made a few bucks here, and consider myself lucky to have gotten out with a profit (quite a shock!).
;)
OFSI is the holding company and just the bank got closed correct? This thing looks dirt cheap IMO...
Response to my email from a nice person at the FDIC:
"The holding company is not impacted by the closure of Omni National Bank. Omni Financial Services is under the Federal Reserve, while Omni National Bank was regulated by the Office of the Comptroller of the Currency."
Indymac is a good example of that--it's had a few runs since the Feds took over.
Apparently, OFSI has "various non-bank" subsidiaries, one of which I think is a for-profit corporation, "Omni Community Development Corporation." I will try to find out what the others are.
CEO Klein is still holding shares that he bought in the $8-9.10 range--no sales at all over the past few years that I can find.
http://quicktake.morningstar.com/StockNet/ownership.aspx?Country=USA&Symbol=OFSI
Looks like most of the other imploded banks still trade for a while. Probably worth more as a shell with such a small share structure lol. I'll get lifegear to do a Net Operating Loss analysis :)
Oh well it was a gamble :(
I really don't know, but it's already done...
Yes it's OFSI's subsidiary. Uh oh. What happened to the 30 days they had to come up with a plan under the Agreement signed just last week?
http://birmingham.bizjournals.com/birmingham/stories/2009/03/23/daily52.html?ana=yfcpc
Interesting comment from the Fed:
Omni...“incurred losses that have depleted most of its capital, and there is no reasonable prospect that the bank will become adequately capitalized without federal assistance.”
Is there any hope in that statement?
Isn't this OFSI? I pretty sure it is...
Atlanta's Omni National Bank becomes 21st failure of 2009
By Wallace Witkowski
Last update: 5:23 p.m. EDT March 27, 2009
SAN FRANCISCO (MarketWatch) -- Omni National Bank of Atlanta became the 21st bank to fail in 2009, after the Federal Deposit Insurance Corporation said regulators closed the bank. SunTrust Bank of Atlanta will operate the six former branches of Omni National until April 27. Omni had assets of $956 million and total deposits of $796.8 million as of March 9. The failure marks the 46th bank to fail since the recession began.
http://www.marketwatch.com/news/story/Atlantas-Omni-National-Bank-becomes/story.aspx?guid=%7B5E074A98%2D67D0%2D4A53%2DAB44%2DCC593EB3F38E%7D&dist=hplatest
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Guess it becomes a shell now.
11.1 Million O/S
5.6 Million Float
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