There has been no announcement of any capital having been raised by this company,. Any capital raised would require filing an 8K with the SEC and there has been no such filing.
As far as no retail buying; if the debentures are selling (which they are not) someone is buying. Since the street doesn't know about this company, it is certainly not smart money and any exchange transaction would need to be reported.
I understand that Omega is selective in what they report, however, this is a violation and will be detrimental to them in the long run.
You can LYAO all you want but facts are facts and math is math and not much that comes out of Omega's camp is fact and nothing adds up - except for losses.
I am not saying don't trade it, but it certainly in not an investment.
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.