Sunday, June 11, 2006 8:45:35 AM
The threads I open, I allow all posts, for and against. In that way, I can not be responsible for its content. Did I-hub inform you of this possibility?
As far as what I posted on this thread so far, I have posted the best info of anyone who posts. Why should anyone be afraid of the negatives on a stock they own?
By knowing your weaknesses or potential weaknesses, you are better able to understanding your company. Only a fool would not want to hear to the "other side's" case.
Also, to say that BDGR has nothing to do with OMOG is to NOT understanding OMOG.
Worse yet, to say that a lawsuite with BDGR will bring riches to OMOG is to not understand what is going on. BDGR did not defraud OMOG. OMOG's Adam B stole (raided) control of OMOG from the Lanza's and did not realize the debt to the company had convertibles that would effectively make the assets no longer be owned by OMOG.
The Lanzas then legally sold many of the assets in question, with some of them ending up with BDGR. OMOG has done NOTHING but produce lawsuites and waste money, produce more shares. BDGR has added more oil and gas every month since OMOG has been floundering.
Yes, I do believe that OMOG deserves some of the oil/gas wells that BDGR has. All the paperwork for all these deals on both the Lanza's and Adam B's part were not fully completed. This makes the ownership and division on many of the assets come in question. Of special importance to OMOG are the debts associated with any reclaimed properites. OMOG can't get the assets without the debt, too. But OMOG seems to want to cherry pick.
If you think a lawsuite will give everything to OMOG without discrimating who gets what, but gives everything to OMOG, then you are VERY optimistic. BDGR management knows this has about a zero percent chance of happening. BDGR management knows all the paperwork that wasn't completed on both parts. BDGR management knows how the Lanza securities instruments in relationship to OMOG were real and that OMOG should not be unjustly enriched because of some technicalities that were not completed, and a judge (jury) will know that in the same way OMOG should be entitled to something just because OMOG did not have all papers signed, etc.
In short, both side will get something, and probably should get something. BDGR is all for a just settlement, but not for "pie-in-the-sky apple picking." OMOG must accept the good and the bad of certain assets (debt).
OMOG will NOT be able to cherry pick what it wants, IMO.
BDGR and its managment are proven winners and each month continue to grow. In the meantime, Adam B and OMOG seem to have troulbe tying their own shoes. I do not say that maliciously: I look at their record in the past year.
The least OMOG should have done is started this lawsuite already. I'm not sure if BDGR would settle for even $1 now.
Then again, BDGR managmeent is sharp so maybe they would.
PS: Has anyone seen a BDGR reply, yet? What will happen to OMOG's stock price when you see the counter-suite? BDGR does not need to try to PUMP its stock up with bravado. BDGR will do its business, producing more oil and gas each month, and getting rid of OMOG.
Oh, it is to BDGR interest to drage these lawsuites on forever. What you saw today was a common delay tactic. You will have many years, if not decades of this to contend with. Most of you will not even remember OMOG when they get the last dollar that they could have gotten by being reasonable, IMO. I guess this is why Adam B/OMOG is in so many lawsuites with so many parties.
BDGR: $1.40
OMOG: $0.006
Ajor
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