Omega Commercial Finance Corp (fka OCFN)

[Hokie]

We have incurred a substantial amount of judgment debt, the affect of which impairs our financial performance and ability to prosper.


We have incurred over $2.3 million of judgment debt due to negative outcomes of the litigation described in the section “Legal Proceedings” and our financial statements for the year ended December 31, 2013 and the nine months ended September 30, 2014. This debt negatively affects our financial performance and ability to borrow additional funds. Consequently, our ability to prosper and implement our business plan is severely hampered.
https://www.sec.gov/Archives/edgar/data/29504/000151597115000166/ocfn10k123114.htm