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I never can get any sleep with this stock, I am too excited. I am up radical amounts in cash and on paper, I am not complaining.
We could have updates twice a week for years now. Between this JV, the completion of the shares retirement, possible acquisitions, additional JV's, the Monumental news imminent, audit updates, our 150 producing wells in Caddo updates, Concorde updates, etc, it'll never stop.
But the share printing did stop, it halted and now the share count is going backwards FAST!
There was definitely some institutional buying in there today, I could tell. The stock traded $2,000,000 today, that is not a typo.
And not for nothing but OMDA is in every chat room on the planet, the audience is gigantic. The available shares can only come from us, there are no more being created, none have been for 17 months now.
Ok, I have been right often with the pre market gap predictions. With this BIG news and with what it's alluding to I'd say that we open at .061 and scream to .07's after a mini dip like we saw this morning after the HUGE gap.
I will pop some champangne if I see it touch .077 tomorrow.
With the share count lowered soon to 173 M we're probably very undervalued at .10 per. A 17.3 M$ company with 160 plus producing wells??? PUHLEAZE!
And soon to be OTC:BB and AUDITED
ALASKA, more than you can imagine. If they hadn't said "monumental" with all the last massive news then this next one has to be really SICK!
I don't know if we stay over .10 bid but we definitely break right through it by Mid week next.
The stock does have big swings, I always add on dips. I will say that if we break through .07 with force we may never see below .05 again. That would be a great base to have established.
The NEWS alludes to additional JV's and Acquisitions, OMDA management is building a beast!!
and NO share issuances period!!
If OMDA keeps growing revenue and growing profits they can afford to buy back shares and we could see more retirements. If they want my shares they will have to "pay up" though. I have my mind and pocket set on .25-.35 and I expect that after seeing all of the developments over the last few weeks.
RIZ
To partner up with a producing BD contender is BIG, I'd like to see details as well. Man I hope MAJOR players are involved with this facility.
ALASKA
Please tell me that you scooped up more low priced shares today.
We have another Gappa fellas and ladies!
No hat eating for me!!!
More Revenue streams now, diversification is just what we needed!
Panola = revenue
Concorde Dome = revenue
Caddo Parrish wells = revenue
Bio Diesel in a new subsidiary = revenue
This is Big ya'll
BIO DIESEL is going to be BIG!! And it's already in production, not having to throw down on all of those set up costs to bring the facility into production is HUGE!
OMDA did it AGAIN! Let me read the entire thing, brb.
I just had to check and see if we got more News goodies, is anything on yahoo for OMDA?
We couldn't have asked for a better day.
JMAP
Along the way up, yes.
How much did you lose pre reverse?
And ruin all the suspense? No way I will give you the next 10-12 hours a week of your time off for the next five years. I multiply the daily hours wasted at $25 an hour(too low probably right?) and I laugh every pretend payday at the amount that it adds up to.
I lost money in 2005 on an internet Colombian Emerald "investment" that I didn't resesarch properly. I just jumped in with way more than I could afford to lose because I just copied whatever my buddy Arthur told me to do. I wanted to get rich quick.
BUT!!!!
I moved on and this is 2010.
3500% later I've made back that loss 20 fold in OMDA.
I also didn't waste 2 FULL hours a day for the last 5 years thinking about, posting about, and reading about that 2005 beating that I took in the mouth.
My time is valuable, very actually, I'm thrilled that I didn't emotionally and obsessively make a promise of PURE EGO Vengence that ultimately has doubled what actual real cash I lost because of the massive loss of my time the last 5 years.
Heck, I'm already pot committed, I'll waste another 5 years. I don't have better things to do actually.
ROFL
The stock opened today at like .052 after a close the day before at .044, that's HUGE. Tomorrow I expect something very similar.
Why do I have a tingly feeling in my pants that after the next news release everyone on Earth will be scared to sell?
Man I am soooo pleased that I loaded up the truck lower on this one.
I'm sincerely embarrased to disclose how much I am up.
In a good way I am scared to see what OMDA drops on us next, we have a perfect storm here.
We gained 29% today(47% yesterday) on our shares and soon 30% more because our ownership in the company goes up with the massive share retirement by 30%.
Christmas in June!
The float is approximately 173 million shares since all other shares that exist are restricted and couldn't be freed up or sold at this time.
The new, post retirement, outstanding shares will essentially be what the float size is.
The "Float" , or all common shares that are not restircted, cannot be bigger then the company's outstanding share totals unless there is a short. OMDA is a shorter's death, as you can see.
Dravuc01
I'm not 100% sure what you're asking but the facts as we, the company Transfer Agent and the State of Delaware has them is..
The Authorized share count is now 250,000,000 as posted current by pinksheets.com and the Transfer Agent.
The Outstanding shares currently is 242,000,000 and change.
After the 70 million shares gets cancelled and retired soon the new Outstanding share total will be 173,000,000 and change.
Because the insiders of the company will only be left with less than 10% of all common shares that exist AND all preferred shares have already been cancelled no more shares above the 173 M soon can be issued. That is unless the company prepares a proxy vote mailer for all shareholders and at least 51% of us approve said proposals.
If we don't like what is being proposed we simply vote no and it won't get done.
We shareholders decide this company's future now but without actually having to do any work. We have risked our money and that's enough.
STEVO51
We are going to see another gap tomorrow like we saw today, for sure!
CASH
We couldn't be in a better place at a better time. Is it just me or is the OMDA news getting better by the week?
Some negative and bitter posters here, you know who you are, are still discussing events from seven years ago, that is hilarious.
We're almost halfway to 2011, leave $27 a barrel crude prices and the year 2003 alone already.
ROFL
Amazing is right! Come on .077!!!
Your Liam quote killed me. ROFL!
I expect to see .076 to .081 tomorrow at some point.
DARN!! aand I had the best sauce on my hat today too.
Bash people.. THANK YOU SOOO MUCH!!!!!
I mean that!
The market maker FANC is SOOOOOOO short!!
ROFL!!
.052 bid!!!
.05 bid!!!
.05 ASK!! This will skip the .04's, OMG!!
DOMS!!
NITE wants shares FIRST!! Just jumped to .045 bid.
NO-one gets .045 shares today IMO
New Market maker on the bid pre market! CHDN
New eating the hat today.
ETRADE the market maker just adjusted pre market to $111.00 a share!!!!!
ROFL!!!!!!!