Atotalbum, I found the newletter/motion humourous and VERY good news for BDGR, assuming one can read between the lines, if not right at the lines.
First, BDGR took a small nut (a small part of the assets OMOG is disputing) and turned it into a "mightly oak." Yes, BDGR is doing extremely well and does better each month. What has OMOG done with what it has? Oh, that is right: Produced more lawsuites with even more parties!
Secondly, "this motion was not to delay." Now, why would BDGR attornies want to delay anything? Do you think it will take next to forever for OMOG to get all it might have gotten with a reasonable settlement?
Thirdly, I did not notice BDGR mentioned in this lawsuite. Why is BDGR being talked about in regards to it?
Lastly, BDGR did not defraud OMOG of anything. There are some legitimate reasons why the Lanza's had control of those assets instead of the raider Adam. Adam, you see, as an "in the dark" outsider, did not contemplate that he did not know everything about the assets he was trying to legally "steal" by buying controlling intereest in OMOG behind everyone's back.
The assets he raided had legal paperwork connected to them that legally allowed the Lanza's/others to keep properites that OMOG thought it was going to get. Now, it is not to say that there were not some questions that need to be resolved, but not all the questions that OMOG thinks.
Adam has continuously disappointed with just about everything he has done since legally "stealing" OMOG. While BDGR has made a mightly oak, OMOG continues to make a mess of everyone's life. This is bad karma, IMO.
BDGR would have settled with OMOG. Otherwise, why would it show the raider Adam B and his OMOG lawyers anything of importnace to OMOG that OMOG now says it will use against BDGR? Was that OMOG's purpose in sitting down with BDGR? Or was Adam too obtuse to see when an outstanding and genuine offer had been made.
OMOG with Adam B, IMO, can't be trusted. He has proven it again and again. Heck, he even issued how many hundreds of millions of shares of OMOG while saying he was buying shares back! Isn't that enough proof of what I say about Adam!
Sure, the shares were for the lawsuite! And why did Adam sell many of his shares back to OMOG? What a joke this man is. I look foreward to seeing what happens in the end to all these OMOG/Adam B lawsuites. I'll list them for you next week.
Oh, in case this very important point escapes anyone:
BDGR announced a doubling of its proven reserves today. This is the second time that Adam B/OMOG put out what I consider anti-BDGR news on a great BDGR news day. Also, did everyone notice the jabs put in the newsletter about Lanza being a fellon. Not professional conduct. It is childish, IMO.
Again, BDGR did not grow from having a few wells that once belonged to OMOG (or were alledge to). BDGR grew because of sharp people like Rick Michael and the Lanzas who will continue to make BDGR grow and have continued to make it grow with very little input in assets that were once related to OMOG. And BDGR is not likely to give up more than it has already offered in arbitration, IMO. And, you see, I believe this because historically BDGR and the Lanza's have produced results and OMOG/Adam has not.
The OMOG situtaion is not black and white. Both Adam/OMOG and the Lanzas were sloppy regarding paperwork that should have been done. If it was all the Lanza's fault, that might be one thing, but it clearly is not.
OMOG is in danger of not only losing what it could have settleed for with BDGR, but with the Dome property, too, since its settlement is contingent on the outcome of this other lawsuite.
Adam doesn't seem too smart to me. He seems like a kid who thinks he has something on his big brother and thinks he is clever enough to get lot of money from his big brother.
Big brother is not as dumb as little brother thinks. Those who invest in OMOG are gambling, IMO, on a loser. Past performance is usually a good indicator of future performance. How has BDGR been doing? How has Adam/OMOG been doing?
Oh, lastly: I was surprised to see OMOG talking about running out of money from the lawsuites and saying this will not go on for years. Really? How about decades? Remember, even winning a judgement only means that. I'm sure any assets gotten will have major problems connected to them, don't you. Think about it. There will be loans. Polluted land to squabble over, many liens and rights to argue over. Oh, and what exactly is OMOG fighting for? Even they admitt they don't even know what they had. Kind of hard to get a judge to give you things you can't even name. And to only name the assets without corresponding liabilities is not believable, either.
But if you don't believe Ajor, believe the man who says this will be settled quickly (Adam) and who said OMOG was buying shares and then issued hundreds of millions more share (many hundreds of millions of shares).
BDGR: $1.40
OMOG: $0.06
Ajor
AI
