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[ProfitChaser]

Hey Wang. You still got any OCFN.

This one has definitly been a major POS and yes I am still stuck with some.(about $60 worth) LOL. Just wondering if it is worth throwing a wee bit more into it here at .0001 to go with my other worthless shares. I may just grab another million here at .0001 just incase.
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Company did a 20,000 to 1 R/S middle of last year so hopefully they wont be doing another one of these anytime soon. As of March 10th, 2015 O/S was 860M and Float was 722M which is not really bad at .0001 if they would slow down on the selling. O/S was almost 54M after the R/S, so there has been selling. Nothing more than a lotto play at this point, but may be worth a shot. IMO.

On Dec 11th, 2014 Company announced a stock repurchase program of up to $200K of company common stock by June of 2015.

Company recently announces the launch of its redesigned corporate website at http://omegapublic.com/

Company just put put a 8K Friday whee they just entered into their 2nd second amendment to the VeriTrek Agreement on the acquisition.(see below)

From 8K Friday. http://biz.yahoo.com/e/150327/ocfn8-k.html
Completion of Acquisition or Disposition of Assets, Financial State
On October 17, 2014, Omega Commercial Finance Corp. (“Omega” or the “Company”) entered into a definitive agreement (the “VeriTrek Agreement”) with VeriTrek Inc., a Delaware corporation (“VeriTrek”) and Ronnie Hale and John Manno, VeriTrek’s majority shareholders (the “VeriTrek Shareholders”), pursuant to which we acquired a majority ownership stake of seventy-five percent (75%) of VeriTrek’s common stock at a purchase price of $15 million ($15,000,000), payable by the Company issuing 15,000,000 shares of its restricted common stock to the VeriTrek Shareholders with the shares valued at $1.00 per share. In addition, these shares were subject to a one year lock up. On October 30, 2014, the parties amended the VeriTrek Agreement, pursuant to which we transferred back 600,000 shares of VeriTek’s common stock to the VeriTrek Shareholders and the VeriTrek Shareholders transferred back to us 6,750,000 of the shares of our common stock which we issued to them. As a result, our equity interest in VeriTrek was reduced to fifteen percent (15%).


On March 12, 2015, the Company and the VeriTrek Shareholders entered into a second amendment to the VeriTrek Agreement (the “Amendment 2”), providing for the consummation of the acquisition as originally proposed, by reissuing an additional 6,750,000 shares of Omega’s restricted common stock to the VeriTrek Shareholders in exchange for 600,000 shares of VeriTrek’s common stock held by them, thereby increasing our equity interest in VeriTrek to seventy-five percent (75%). This transaction closed on March 23, 2015.


VeriTrek currently maintains seven operating companies branded as Summit Real Estate Group (“SRG”), which are licensed as full service 100% commission brokerage firms specializing in providing residential and commercial real estate services through the United States. The SRG companies are inspired by technological advancements and innovative marketing strategies. SRG was founded on the principal of developing an ecofriendly, cost efficient and cloud-based platform for conducting real estate brokerage services. SRG has evolved into an extremely efficient national real estate brand of 800 agents promoting a positive and professional culture.