Their SEC filings show they have no money. They gave a trader $200,000 to buy back their stock? What evidence do we have of that? All their press release says is that they hired Syndicate Capitol, Inc to handle the buy back. It does not say that they gave them $200,000. I don't know for sure but my guess is they paid them with stock for this. Years ago when they were touting the "Omega Royale," this junker ship they were going to buy and turn into a casino ship for a total of something like $37 million they didn't have they hired a ship captain to head up their marine operations, but they never bought the ship, and then their captain got busted for having sex with little girls in the Philippines, sex tourism. (In fairness, the ship deal had probably fallen through long before that dude got busted, but they're sleazy and everyone they deal with is sleazy.) Look, they're always saying they're going to do something big but never do. That's typical OCFN. Has this zebra changed its' stripes? We'll see. They can't really own anything though as long as they owe millions in judgments. That's just reality. Their judgment creditors would take anything of value that they might obtain. Those with big judgments against Omega would love to have $200,000, or anything else of value. Omega owes millions in judgments and never pays on them, judgments that have been accruing interest for years. They're only reporting the judgment amounts on their SEC filings, not the interest that has been accruing. One judgment for well over $1.5 million from 2008 has been accruing interest at 11% per annum I believe. Do the math on on that. The interest on that judgment alone should be approaching a million dollars by now. Wouldn't you think these people owed so much money by Omega want to be paid what they're owed? Wouldn't you think they'd be watching to see if Omega has anything to seize, cash or property that could be sold?
