Tasty Booshers

[xZx]

gyrodon, here's your link. http://www.omogoil.com/omog28.pdf

if you appreciate my DD membermarks are always appreciated!

i think there's more to it than this shareholder letter leads one to believe. notice from the date on it this is a bit old. i have no doubt things have progressed since, and many say it's far more in OMOG's favor. notice below from the company website: the lawyer for OMOG is now on retainer instead of hourly and has informed OMOG's managment the properties in quesion may be a much larger number than originally anticipated.

this was the original link for the text that follows, but the OMOG website is "under construction."

http://omogoil.com/legal_updates.html

"An interesting point for shareholders is that when we first engaged counsel, it was purely on an hourly basis. As I mentioned above, counsel has now concluded that there seems to be a wide reaching Corporate Tort going back many years involving a considerable amount of additional Company assets that appear to have been illegally transferred to defendants. Due to these new revelations, Counsel has offered to amend his retainer agreement from pure hourly, to primarily contingency on recovery of items and damages that we originally were not expecting. Which to those who don’t understand the difference means that he is confident enough now that we not only should prevail in our original action, but should recover a significant amount of other assets or financial relief that he is willing to “spec” a good bit of his time on the bet that a percentage of recovery will far exceed his normal $450 an hour rate. This is obviously a positive for shareholders in two ways in that it conserves capital for our new ongoing Oil and Gas efforts and creates an additional incentive for counsel to go after every possible item of fraud over and above our original goal of just recovering known assets and records while putting the cost risk primarily on him. I want to stress that under the new agreement, only a very small portion (10%) of the contingency would affect items that we originally were going after, ie. the 300+ stripper wells, the majority of the contingency comes from recovery and damages over and above these items."

"Additionally, at the suggestion of Nathan, we have increased the litigation team by bringing in an additional law firm to effectively bifurcate the actions and speed up recovery of the original items we were after while not putting pressure to hurry on the expanded investigation which seems to be bearing significant and very valuable fruit."