InvestorsHub Logo
Followers 8
Posts 304
Boards Moderated 0
Alias Born 07/29/2012

Re: Bigjohn6500 post# 6969

Thursday, 12/11/2014 4:00:32 PM

Thursday, December 11, 2014 4:00:32 PM

Post# of 15541
How do you know where the insiders' stock is locked up? This company has no employees, just a CEO and some board members. Everybody else who does any work for them works as a third party contractor. They give a lot of shares out to people as pay. Von Cummings, the con man felon brother of CEO Jon Cummings, for instance, only works for Omega as a third party contractor, and of course is always getting them sued. How many shares have they given him? I don't know. You can see though in their SEC filings they they pay out an awful lot of shares for services to the company. I believe I've read that they've even paid lawyers in shares. Did they pay their lawyers in this $9 million or so case by Madison Boardwalk with shares of their stock? Did they pay Madison Boardwalk off with shares? They settled the case but have no money. How else did they get out of that thing? These guys basically just print money with their shares. Why the heck did they do that 20,000 to 1 reverse split? Was it because they had printed too much "money" and it wasn't worth anything and they wanted to reduce the supply so they'd have fewer people out there selling during their pump and dump campaigns? I really don't know. I just know that everything these creeps do is some sort of scam and if you really took an honest look at their history you'd see that too.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.