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LOL Better have a meeting on the dock then
At least as of the last several years its been a ghost board. Not one meeting was ever held in the last several years and the other 2 were just his buddies that were on the BOD in name only. Barnett always ran the show and made every single decision unilaterally.
We should compare notes sometime. I have a boatload to tell.
Thanks for the clarification. I wasn't aware of the attorney, only the CPA
Zimmerman is his accountant. His attorney after Marty Nathan was and still is Andrew Jones.
There is more oil in Barnett's fading red, greasy hair than OMDA will ever have.
Thats an excellent summation.
I totally agree. Negative posts ring hollow if the company is truly growing and moving forward. Barnett is the master of smoke and mirrors and deception.
An audit would have explained a whole lot. The amount of money that Barnett personally pulled out of OMDA to line his own pockets was EYE POPPING! The audit wasnt stopped recently. It was stopped months ago. It was never intended to be completed imo. He paid a deposit to the auditor to be able to put out a PR announcing an audit and a future movement to the OTCBB in order to pump up the stock. The SEC's investigation will show when he gave the order to suspend the audit and how much time elapsed between the order and the pseudo announcement that it was stopped.
Painting The Tape
What Does It Mean?
What Does Painting The Tape Mean?
An illegal action by a group of market manipulators buying and/or selling a security among themselves to create artificial trading activity, which, when reported on the ticker tape, lures in unsuspecting investors as they perceive an unusual volume.
Investopedia Says
Investopedia explains Painting The Tape
After causing a movement in the security, the manipulators hope to sell at a profit.
One likely scenario is that Barnett was able to unload shares that he controlled that were in another person(s) name(s) above a penny and then once out of that stock posted the news on the web site. He either posted those facts to purposefully squash the stock or he may be trying to "come clean" so to speak as a form of damage control before the SEC hits him hard.
He either doesn't believe that he is on the SEC radar or is convinced that he's bulletproof.
The email address on the website was changed to a yahoo address in lieu of the domain name address email which may suggest that the web site will soon disappear. He could be positioning himself to buy up cheap shares and sell the shell to a real company looking to do a reverse merger.
I certainly wouldn't put it past him to purposely tank it to buy cheap shares and run it back up. He has done that many times before, but I don't think that's the case now. I believe the company has reached the end of the line and he is trying to save himself from prosecution by making it look as failed initiatives. I've said all along he has been looking for an exit strategy.
Very brief moments.
As far as the crimes, you are right. Very simplistic. The complexity I was referring to is in his personality. He is a complex and troubled little man. Very manipulative and scheming and probably a bit bipolar.
Only because he is just now stating what has been the the truth all along. These are not failed attempts by the company that he is reporting. These were blatant lies which were fabricated by Barnett to pump up the stock. And he disclosed them to the public by way of a website update in lieu of a PR. I wonder if that will pass the SEC smell test?
I agree with everything you said except that he is a "simple crook." I think he is a very complex crook.
Here is a message I posted 2 weeks ago on December 22. Sounds an awful lot like the new updates on the OMDA website:
The problem with your thesis is that you are basing all of those points on the assumption that all those things he said were true. He is not searching for a CEO and never has. Not one single ad in any publication of any kind was ever placed in the so called "search for a CEO." The audit will never be completed, no dividend will ever be paid and there has never been a bio diesel joint venture. Everyone of those PR's was intended to pump the stock. ALL LIES!! I thought they were true also when first announced but now I know they were 100% fabrications.
Because its a Barnett stock. Every stock he touches drops like a rock. You may see a pop up on a pump but ultimately they come crashing down and leave shareholders holding the bag.
Not something from today its more a culmination of years of work.
He actually did cancel his preferreds. In retrospect I'm sure he regrets doing so but it did happen.
Its interesting how you are so worried about negative things being said and you are hoping people shut up. You know who also wants people to shut up on the boards? Barnett! He gets consumed with the negatives written on the boards and it drives him crazy sort of like it seems to bother you. He has tried to silence his critics as you are hoping to do also.
He can silence his critics in a second if he just conducted his business in an honest and compliant fashion
So does that mean that you believe the reason the stock is down is because of the negative posts on the boards?
The stock is not beaten down because of any comments posted on a board. Its where is is because of a corrupt president that has raped and pillaged it, and treated it as his personal ATM while lying to shareholders. If Barnett had done just a small fraction of what he has promised it would be riding high regardless of anything negative posted on the boards.
OOAG is under a penny and will probably never see a penny again.
You are 100% right!
For the last few years Barnett has been hanging on to the hope of victory in court for OMDA. Well that came and went and OMDA has done all it will ever do. Any significant share price increase while AEB is with the company will be due to manipulation and deceitful PR's. There are zero fundamentals in place that can move this stock upward. I wouldn't be surprised to see him try to sell the company as a shell and reverse merge a real company into it. He knows he has nothing more than an empty shell. He is looking for an exit strategy.
I agree. In know he is looking for an exit strategy. OMDA has no operations of any kind.
In my opinion Barnett is looking for a way to bankrupt the company without bringing about a major lawsuit. I know he regrets giving up his preferred shares because he has no control anymore. He has squeezed every penny that he has been able to squeeze and without the ability to print more shares and further dilute the company it has no more use for him. His personal ATM is out of money.
I think Barnett will find out soon enough.
Well its the last day of the year! How was the audit? Did anyone get a chance to read it? I haven't been able to find it but since Adam Barnett promised it by year end I know it has to be out there somewhere LOLOL.
In talking to the SEC, I have discovered just how much they frown upon continual unfulfilled promises to shareholders. They look at it as pumping. They said they can overlook one or two but when they see a pattern it raises red flags.
You hit the nail right on the head, Fat.
Not for lawyers but for a get away to Argentina.
What I know is definitely not from the board.
All that is very true. Heat is on him in Miami as well as other places. On borrowed time for sure.
Well the audit that was promised by year end has less than 48 hours to be completed as promised. Do not hold your breath. Obviously Barnett is a liar. Can anyone point to anything he has said or promised that actually came true? Justice will come early in the new year. Take that to the bank!
Right on all points!
You are 100% correct. An audit will expose lots of things that he doesnt want exposed. Mr Swiers was at the office of De Joya & Griffith and Company LLC. He was anxious to look at the files that OMDA handed over. And he is also anxious to get his hands on some other files that haven't been turned over yet.
Gotcha! Point taken. I used to believe his lies. I now know that the so called "bashers" were right all along. Assets or no assets OMDA was doomed from the moment he took over the reins and made it his personal ATM.
The problem with your thesis is that you are basing all of those points on the assumption that all those things he said were true. He is not searching for a CEO and never has. Not one single ad in any publication of any kind was ever placed in the so called "search for a CEO." The audit will never be completed, no dividend will ever be paid and there has never been a bio diesel joint venture. Everyone of those PR's was intended to pump the stock. ALL LIES!! I thought they were true also when first announced but now I know they were 100% fabrications.