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Does Not negate the criminal activities Of Lanza, and the formation of the this company, and the known criminal activities of those behind the wheel and those hidden in the back seat!!
so Just a CE on purchasing here!!
The massive dumping of shares, the volume and the down trending, should give anyone a clue, correlated with past history!!
You, who I have had MM'd for so Long, should know this, but what ever!!
Gl, I won't be posting here anymore, Just this Lanza dude is such a POS!!
jmO
Confirms Progress With Walmart.com_ Revenue on the Way!! and With the Float, this has Much Upside!!
HUGE NEWS!!!
ix. Lanza Hatches Scheme to Divest OMDA of its Subsidiaries
79. Once he realized that he had lost control of OMDA, Lanza hatched a scheme to divest OMDA of its Subsidiaries. Though he had repeatedly stated that the Subsidiaries were wholly-owned by OMDA, Lanza began to create a fictitious paper trail, attempting to muddy the waters regarding OMDA’s ownership of the Subsidiaries.
80. Lanza began by thwarting Barnett’s attempts to gather the corporate documentation pertaining to all of the assets owned or controlled by OMDA and its Subsidiaries. Barnett initially requested from Lanza the Subsidiaries’ stock certificates, accounting records, lease agreements, and bank statements. Barnett subsequently sought from Lanza all of the corporate records kept on behalf of OMDA and its Subsidiaries.
81. Lanza initially claimed that no stock certificates for the Subsidiaries existed and, therefore, he could not deliver them to Barnett. Lanza knew that this representation was false because he had instructed Michaels to retrieve the Subsidiaries’ stock certificates from Varnadore. Michaels is an attorney who had previously represented OMDA in Texas litigation matters. Lanza sought to erase all evidence that the Subsidiaries’ stock had been held in trust for the benefit of OMDA. On June 30, 2004, Michaels contacted Varnadore, who provided him the originals of the Subsidiaries’ stock certificates. Fortunately, Varnadore maintained copies of the documents he provided Michaels.
82. Although Lanza eventually provided some of the requested documentation, he continually gave far-fetched excuses why the majority of the requested documents were not available. Lanza went so far as to send Barnett’s partner, Robert G. Peterson (“Peterson”), on a wild goose chase to a storage facility in Palm Springs, California where Lanza’s daughter, Dei Lanza, was to provide him access to the requested documentation. Dei Lanza, however, never appeared.
83. As he continued to dodge Barnett’s demands to turn over the Subsidiaries’ corporate documentation, Lanza entered into an uneasy working relationship with Barnett. Indeed, Barnett permitted Lanza’s service companies, SHWJ and SHWJ Partnership, to refurbish some of the wells located on the Concorde Dome and Caddo Parish Properties. As Lanza brought additional wells into production, he was to be compensated in OMDA stock. Contrary to Lanza’s representations, however, neither SHWJ, nor the SHWJ Partnership, appear to have brought any additional wells into production. Moreover, Lanza cannot account for any of the monies invoiced by SHWJ or the SHWJ Partnership and paid by OMDA allegedly to do so.
84. On March 23, 2004, Barnett and OMDA’s new management demanded that Lanza and the Lanza-controlled companies, SHWJ, SHWJ Partnership, Wooldridge Production, and the Wooldridge Partnership, account to OMDA for all oil and gas revenues attributable to the operation of the Caddo Parish Properties under the March 15, 2001, Operating Agreement. When they failed to do so, OMDA terminated the March 15, 2001, Operating Agreement on April 16, 2004. OMDA commenced an investigation to determine the status of its oil and gas properties.
85. Unbeknownst to Barnett and OMDA’s new management, Lanza was actively working to wrest control of the Subsidiaries away from OMDA. For example, on or about November 9, 2004, IWIC, a Lanza-owned and controlled corporation, registered in the office of the Secretary of State of Texas under the assumed name of OMDA Oil and Gas Services, Inc. OMDA had not consented to this assumption. Rather, this was yet another attempt by Lanza and his frontmen to confuse the public as to the true ownership of OMDA’s wholly-owned subsidiary, Services.
86. The next day, Lanza contacted Varnadore and requested that he sign an instrument entitled “Revocation of Trust” (the “Revocation”), purporting to dissolve the Trust retroactive to February 1, 2002. Lanza did not disclose to Varnadore that he was not a director, officer, employee, agent, or person in control of OMDA, nor that Barnett and his management team had assumed control of OMDA’s day-to-day affairs. Varnadore signed the Revocation despite the fact that he had resigned as a trustee of the Trust nearly two-and-a-half years prior. Taylor and Anderson had previously signed the Revocation despite the fact that they were no longer directors, officers, employees or agents of OMDA and had no authority to do so.
87. Prior to the filing of the present law suit, neither Lanza, Taylor, nor Anderson disclosed to Barnett or OMDA’s new management the existence of the Trust, much less the Revocation. Accordingly, OMDA, now under the stewardship of Barnett and Barnes, did not have an opportunity to replace the Trustees originally designated under the Trust.
http://www.omogoil.com/new/Final_Fifth_Amended_Petition.doc
==============
F. FACTUAL BACKGROUND
i. Lanza’s Modus Operandi
37. Lanza is a professional con man. He has become a master at pumping a stock on the open market while siphoning away its resources to various companies owned either by him, his family, or frontmen. Typically, Lanza’s modus operandi is to establish a public company offering shares on the OTCBB or Pink Sheet exchanges. As soon as shares of the public company began trading on the open market, Lanza, his family members, or one of his companies run by his frontmen, would enter fictitious “consulting agreements” creating an account payable on the public company’s books. Lanza would then, through a variety of methods, pump the public company’s stock, attempting to entice unwitting investors to purchase the public company’s, usually worthless, stock. Once the company received funds, however, Lanza would insist that it be used to first repay him, his family members or frontmen. Oftentimes, since the public company had no cash to pay these fabricated debts, Lanza would instruct the company to issue stock in lieu of payment. If the stock price rose, Lanza, his family members or his frontmen stood to gain 200% to 1000% of their “investment” for doing little or nothing to enhance the company’s value.
38. Lanza is also a convicted felon. On April 2, 1997, he was convicted of tax evasion. Lanza was incarcerated for nearly a year at the Nellis Federal Penitentiary Center in North Las Vegas, Nevada.
39. Lanza’s activities have not gone unnoticed by the SEC. On October 19, 2000, Lanza entered into a Consent Judgment with the SEC for making “false and misleading statements in the course of recommending the purchase of Members [Service Corporation] stock.” He was required to disgorge $265,214 plus prejudgment interest of $239,085. Payment was waived, however, when Lanza provided an affidavit claiming that he was financially insolvent. The Commission’s Complaint alleged that the majority of the money was funneled to Lanza’s wife, Jayne Lanza. Lanza was permanently enjoined from violating Sections 5(a), 5(c), and 17(a) of the Securities Act, and Section 10(b) and rule 10b-5 of the Securities Exchange Act.
http://www.omogoil.com/new/Final_Fifth_Amended_Petition.doc
Lanza Forms Black Dragon To Hide His Theft (BDGR)
93. In December 2004, Lanza acquired a defunct OTCBB company and rechristened it Black Dragon. The purpose of Black Dragon was to receive the oil and gas properties stolen from OMDA. Not surprisingly, Lanza initially installed Anderson, his son Mario Lanza, Michael and Barry McFarland as directors.
94. Lanza, Anderson, as former or reputed OMDA directors, and Michael, as OMDA’s former legal counsel, knew or should have known that Black Dragon had been organized to perpetrate a fraud upon OMDA and the investing public. Nevertheless, they conspired to permit Black Dragon to receive assets fraudulently and illegally transferred from OMDA’s wholly-owned subsidiary, Management.
95. For example, upon information and belief, Lanza obtained an assignment of OMDA’s oil and gas assets located in Navarro County, Texas, and Caddo Parish, Louisiana, from Jerome, Jed, and Phil Schlegel (“the Schlegels”), placing them in Black Dragon. Lanza had previously fraudulently and illegally transferred the assets to the Schlegels from OMDA’s wholly-owned subsidiary, Management.
96. After Black Dragon was added as a party to the present suit on April 27, 2006, Michael, then acting as Black Dragon’s president, issued a statement claiming that Black Dragon owned the assets that had been fraudulently and illegally transferred from OMDA’s wholly-owned subsidiary, Management. In his June 6, 2006, statement issued on behalf of Black Dragon, Michael stated:
“[t]he properties related to [OMDA’s Fourth Amended Petition] comprise less than 5% of the current properties owned by Black Dragon.”
97. On or before March 28, 2007, Lanza issued a press release wherein he stated that Black Dragon’s entire board of directors, save for Neeley, had resigned. In their place, Lanza had been nominated as a Black Dragon director and acting president. Although a convicted felon and the recipient of a Consent Judgment rendered against him by the SEC, Lanza, once again, was in control of the business entity purporting to own OMDA’s assets.
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F. FACTUAL BACKGROUND
i. Lanza’s Modus Operandi
37. Lanza is a professional con man. He has become a master at pumping a stock on the open market while siphoning away its resources to various companies owned either by him, his family, or frontmen. Typically, Lanza’s modus operandi is to establish a public company offering shares on the OTCBB or Pink Sheet exchanges. As soon as shares of the public company began trading on the open market, Lanza, his family members, or one of his companies run by his frontmen, would enter fictitious “consulting agreements” creating an account payable on the public company’s books. Lanza would then, through a variety of methods, pump the public company’s stock, attempting to entice unwitting investors to purchase the public company’s, usually worthless, stock. Once the company received funds, however, Lanza would insist that it be used to first repay him, his family members or frontmen. Oftentimes, since the public company had no cash to pay these fabricated debts, Lanza would instruct the company to issue stock in lieu of payment. If the stock price rose, Lanza, his family members or his frontmen stood to gain 200% to 1000% of their “investment” for doing little or nothing to enhance the company’s value.
38. Lanza is also a convicted felon. On April 2, 1997, he was convicted of tax evasion. Lanza was incarcerated for nearly a year at the Nellis Federal Penitentiary Center in North Las Vegas, Nevada.
39. Lanza’s activities have not gone unnoticed by the SEC. On October 19, 2000, Lanza entered into a Consent Judgment with the SEC for making “false and misleading statements in the course of recommending the purchase of Members [Service Corporation] stock.” He was required to disgorge $265,214 plus prejudgment interest of $239,085. Payment was waived, however, when Lanza provided an affidavit claiming that he was financially insolvent. The Commission’s Complaint alleged that the majority of the money was funneled to Lanza’s wife, Jayne Lanza. Lanza was permanently enjoined from violating Sections 5(a), 5(c), and 17(a) of the Securities Act, and Section 10(b) and rule 10b-5 of the Securities Exchange Act.
http://www.omogoil.com/new/Final_Fifth_Amended_Petition.doc
Lanza Forms Black Dragon To Hide His Theft (BDGR)
93. In December 2004, Lanza acquired a defunct OTCBB company and rechristened it Black Dragon. The purpose of Black Dragon was to receive the oil and gas properties stolen from OMDA. Not surprisingly, Lanza initially installed Anderson, his son Mario Lanza, Michael and Barry McFarland as directors.
94. Lanza, Anderson, as former or reputed OMDA directors, and Michael, as OMDA’s former legal counsel, knew or should have known that Black Dragon had been organized to perpetrate a fraud upon OMDA and the investing public. Nevertheless, they conspired to permit Black Dragon to receive assets fraudulently and illegally transferred from OMDA’s wholly-owned subsidiary, Management.
95. For example, upon information and belief, Lanza obtained an assignment of OMDA’s oil and gas assets located in Navarro County, Texas, and Caddo Parish, Louisiana, from Jerome, Jed, and Phil Schlegel (“the Schlegels”), placing them in Black Dragon. Lanza had previously fraudulently and illegally transferred the assets to the Schlegels from OMDA’s wholly-owned subsidiary, Management.
96. After Black Dragon was added as a party to the present suit on April 27, 2006, Michael, then acting as Black Dragon’s president, issued a statement claiming that Black Dragon owned the assets that had been fraudulently and illegally transferred from OMDA’s wholly-owned subsidiary, Management. In his June 6, 2006, statement issued on behalf of Black Dragon, Michael stated:
“[t]he properties related to [OMDA’s Fourth Amended Petition] comprise less than 5% of the current properties owned by Black Dragon.”
97. On or before March 28, 2007, Lanza issued a press release wherein he stated that Black Dragon’s entire board of directors, save for Neeley, had resigned. In their place, Lanza had been nominated as a Black Dragon director and acting president. Although a convicted felon and the recipient of a Consent Judgment rendered against him by the SEC, Lanza, once again, was in control of the business entity purporting to own OMDA’s assets.
-------
F. FACTUAL BACKGROUND
i. Lanza’s Modus Operandi
37. Lanza is a professional con man. He has become a master at pumping a stock on the open market while siphoning away its resources to various companies owned either by him, his family, or frontmen. Typically, Lanza’s modus operandi is to establish a public company offering shares on the OTCBB or Pink Sheet exchanges. As soon as shares of the public company began trading on the open market, Lanza, his family members, or one of his companies run by his frontmen, would enter fictitious “consulting agreements” creating an account payable on the public company’s books. Lanza would then, through a variety of methods, pump the public company’s stock, attempting to entice unwitting investors to purchase the public company’s, usually worthless, stock. Once the company received funds, however, Lanza would insist that it be used to first repay him, his family members or frontmen. Oftentimes, since the public company had no cash to pay these fabricated debts, Lanza would instruct the company to issue stock in lieu of payment. If the stock price rose, Lanza, his family members or his frontmen stood to gain 200% to 1000% of their “investment” for doing little or nothing to enhance the company’s value.
38. Lanza is also a convicted felon. On April 2, 1997, he was convicted of tax evasion. Lanza was incarcerated for nearly a year at the Nellis Federal Penitentiary Center in North Las Vegas, Nevada.
39. Lanza’s activities have not gone unnoticed by the SEC. On October 19, 2000, Lanza entered into a Consent Judgment with the SEC for making “false and misleading statements in the course of recommending the purchase of Members [Service Corporation] stock.” He was required to disgorge $265,214 plus prejudgment interest of $239,085. Payment was waived, however, when Lanza provided an affidavit claiming that he was financially insolvent. The Commission’s Complaint alleged that the majority of the money was funneled to Lanza’s wife, Jayne Lanza. Lanza was permanently enjoined from violating Sections 5(a), 5(c), and 17(a) of the Securities Act, and Section 10(b) and rule 10b-5 of the Securities Exchange Act.
http://www.omogoil.com/new/Final_Fifth_Amended_Petition.doc
The shift in approach to terrorist warfare, illegal aliens, security , etc, will actually be more in the direction that EVRM is involved in!
As conventional tactics are trimmed back, more intelligent, information gathering tactics will be increasing!!
So, imo, EVRM is positioned well!! and is Just waiting for the lag in bureaucracy to catch Up!!
jmO, fwiw
Does Cornell still have shares to dump?
It will be difficult right now to get a sizable ( besides just slaping the AsK ) position with out putting in a lot of time bid sitting!! Problem is though, this time is running out, which is jmo, but seeing the company come back to the share holder table, knowing the trading pattern over the last 18 months, knowing the news released thus far, expecting that the Company is hinting it is going to have something to say, I suspect very positive news to be forthcoming!!
The quite days are over for now and those that managed to hang in have their position and if anyone was selling below 0.01, they were either taking a real beating or among the group that got in last year in the avg of 0.005!! But I suspect that is over Now, and fingers are tightening Up on the shares!!
Old players coming back in, know how this Company works, new blood, mb new longs?, looking for a substantial rise in pps for various levels of flippage , that will feed the fire!!
Would be nice to see some meaty news to take this back Up past the Old High!! Available trading shares could make that happen as I suspect many shares locked Up as mention in prior posts!!
Time will tell!!
Not hard to understand, as yes they Can trade, But they won't trade, as a high % of the free trading shares is Already Bought and Held!! ( That will eventually re enter, but @ a much higher PPs )
Out of the O/s there are the restricted (which can Not trade ) and the Free trading , that can trade!!
But out of those shares that Can trade, many have been bought and are in the hands of longs that will not be selling them!!
Then there is what is left to trade after that!!
Very Simple imo
Sorry last post of the day for me!!
Let someone else explain it to You!!
Yes, but the point is, is that most of those free trading shares are held already and Not for sale for a long time!!
Free trading shares ( the info you got ) minus what is Held already = What is left to trade!!
I bet there is less than 100 mill available to trade, but no real way to tell unless a share count gets done on brd here again, which I do Not suggest, at some point !!
fwiw
0.03 Raw, 0.30 Multiple 10X ?!! As present work orders stand, if I'm figuring this right!?!
Just needs time!! BB's gone tubular!!
Ma200 Officially penetrated!! Now to stay above it and continue North!! Reaching 0.025 will then set EVRM on Fire!! ( the 61.8 Fib line off Old High )_imo
Just a matter of time! Nice fight back today!!
I'm sorry he had to be the guy to pick up the Cannon Ball and jump overboard to get this going!! So Sad!!
WOLV__30 Football Fields of Copper!!?? Super low share structure, float mb 30Mill? @0.12 looking for $5 Drilling starts Now! fwiw
Tis the Season for Contracts??! No?!
Where is that 100lb COD Fish!?!_
BYSD__Buy the RSI__Volume rolling in!!!
You did not read the doc also, obviously by your Question! During litigation, the challenging of one party vs another , court locked up the shares of the company in Question during proceedings!!
--------------------
"31. This Court has jurisdiction over the subject matter and the parties. Furthermore, the Court has personal jurisdiction over all of the defendants under the Texas Long-Arm Statute insofar as they have conducted business in Texas, committed torts in Texas, and have purposefully availed themselves of the privilege of conducting activities in Texas."
32. Moreover, this Court has jurisdiction, under Section 17.003 of the Texas Civil Practices and Remedies Code, because OMDA has set forth a cause of action against one or more foreign defendants for the purpose of establishing title to property in the state of Texas.
http://www.omogoil.com/new/Final_Fifth_Amended_Petition.doc
OOAG
I appreciate the gesture, but I think I'd rather stick it out in the trenches, and besides I have a few projects coming Up that will take up time!! Still buying, near 2 million now, and waiting as I strongly believe that OOAG is headed North, and the tenacity of Barnett speaks volumes on that point!! Those that are holding from the recent highs, should not be so quick to unload, if the 2 months of waiting has beaten them Up, as I believe the Next trend, Leg up will go beyond the recent High!! But jmHo
Ty, again for the offer, but must decline!!
If you read it a dozen times, then I suggest You read it again, as I doubt you have read it at all !!
And I never stated I knew what the final terms are, but I do know what is stated in current news releases!!
During the Litigation, the shares were locked Up by the court,( in the doc ) and with subsequent judicial decisions being passed, the share structure went through reconfigurations, yet to be completely finalized!!
But what is in the I-box is what is stated by the Company, so far Post litigation!!
Say what you wish, as your position is clear here!!
But the news releases speak for the Company, and not the blather of a disgruntled poster!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53094017
Read the doc, as it is obvious you have Not or choose to ignore the info contained within
Current share structure is in the I-box and remains such until further news from the company!!
Anyone that needs further or more immediate info, is free to contact the company!!
http://www.omogoil.com/new/Final_Fifth_Amended_Petition.doc
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53094017
Being that they maintain the PK sheets link on the home web page, I'm sure they will eventually update it!
I also shot in an e-mail on the matter, fwiw
No doubt that "Lanza and his frontmen" or extensions of such are here!!
A Must read for all DD'ers here to understand the past
http://www.omogoil.com/new/Final_Fifth_Amended_Petition.doc
During the litigation process, the court locked Up the shares, then as the Lanza crime party was unraveled, and the Company returned to the Rightful owner Barnett, the share structure has undergone a convoluted path, as Lanza screwed it Up Big time during the crime spree, then a restructure on Barnetts' side for legal matters, and recently the reconversion, probably still underway to a resting structure, shown in the I-box!
I expect that as the dust continues to settle, legal advisory constraints will loosen Up, although the Company may wish to further communicate such information through their web page of Pink sheets, once updated!
imo, fwiw
You are dead wrong!! Read the Doc!
If anyone takes the time to read this doc., they would understand the legal constraints upon the T/A while litigation is still underway!!
http://www.omogoil.com/new/Final_Fifth_Amended_Petition.doc
F. FACTUAL BACKGROUND
i. Lanza’s Modus Operandi
37. Lanza is a professional con man. He has become a master at pumping a stock on the open market while siphoning away its resources to various companies owned either by him, his family, or frontmen. Typically, Lanza’s modus operandi is to establish a public company offering shares on the OTCBB or Pink Sheet exchanges. As soon as shares of the public company began trading on the open market, Lanza, his family members, or one of his companies run by his frontmen, would enter fictitious “consulting agreements” creating an account payable on the public company’s books. Lanza would then, through a variety of methods, pump the public company’s stock, attempting to entice unwitting investors to purchase the public company’s, usually worthless, stock. Once the company received funds, however, Lanza would insist that it be used to first repay him, his family members or frontmen. Oftentimes, since the public company had no cash to pay these fabricated debts, Lanza would instruct the company to issue stock in lieu of payment. If the stock price rose, Lanza, his family members or his frontmen stood to gain 200% to 1000% of their “investment” for doing little or nothing to enhance the company’s value.
38. Lanza is also a convicted felon. On April 2, 1997, he was convicted of tax evasion. Lanza was incarcerated for nearly a year at the Nellis Federal Penitentiary Center in North Las Vegas, Nevada.
39. Lanza’s activities have not gone unnoticed by the SEC. On October 19, 2000, Lanza entered into a Consent Judgment with the SEC for making “false and misleading statements in the course of recommending the purchase of Members [Service Corporation] stock.” He was required to disgorge $265,214 plus prejudgment interest of $239,085. Payment was waived, however, when Lanza provided an affidavit claiming that he was financially insolvent. The Commission’s Complaint alleged that the majority of the money was funneled to Lanza’s wife, Jayne Lanza. Lanza was permanently enjoined from violating Sections 5(a), 5(c), and 17(a) of the Securities Act, and Section 10(b) and rule 10b-5 of the Securities Exchange Act.
http://www.omogoil.com/new/Final_Fifth_Amended_Petition.doc
20. Defendant Jayne Lanza is an individual who may be served with process at her abode, 10992 Sanctuary Way, Shreveport, Louisiana 71106-7772.
"BYSD Share Structure Request"
BYSD replied to our inquiry that the appropriate information is posted on PinkSheets, and that we are to maintain our policy on this matter.
Thank you,
F. Shane Sumsion
President : Transfer Agent
Dynamic Transfer Services Corp
http://www.dynamictransfer.com
801.994.6804 office
866.560.7699 fax
-------------------------------
http://www.otcmarkets.com/stock/BYSD/company-info
*
Estimated Market Cap
$1,521,461 as of Aug 6, 2010
*
Outstanding Shares
1,690,512,229 as of Jun 30, 2010
*
Authorized Shares
3,500,000,000 as of Jun 30, 2010
*
Float(shares)
427,428,577 as of Jul 12, 2010
*
Number of Shareholders of Record
681 as of Jun 30, 2009
What does this disclaimer Imply, being it is tacked to Your Posts??
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Disclaimer/Disclosure (SEC 17B)
WE ARE DEAL DOER’S – IF WE ARE SUBPOENAED BY THE SEC WE TOLD YOU NOT TO: BUY STOCKS, LISTEN TO WHAT WE SAY ON THIS SITE, BELIEVE ANYTHING YOU HEAR ON THIS OR ANY OTHER STOCK RELATED SITE AND MOST OF ALL THINK TO YOURSELF EVERYONE IS LIEING TO YOU!
THE STOCK MARKET IS THE BIGGEST CASINO IN THE WORLD! USE YOUR HEAD, IFYOU LOOSE YOUR MONEY JUST AS IN THE CASINO… YOU LOOSE! DON’T CRY ABOUT IT TO THE SEC!
i am paid in cash 3k-5000k a month and or some stock freetrading and restricted stock i am a mid to long term holder and work directly with companies i rep