OMDA Oil and Gas, Inc. (OOAG)

[ooag_long]

Have to go 5 pr's back to hear the company mention the audit:

- 08/30/10) - OMDA Oil and Gas, Inc. (Pinksheets:OOAG - News) would like to provide an update on several pending issues currently underway.

On May 25, 2010, OMDA announced it had retained the CPA firm of De Joya & Griffith and Company LLC www.dejoyagriffith.com to audit the company's financials. To date OMDA has provided the auditors many documents dating back several years to when current management first assumed control of the company. The process has been moving along well over the past few months and is slightly ahead of schedule, expected to be completed by year end. OMDA anticipates that upon completion of the audit the company will be qualified to make application for the OTC Bulletin Board and transition off of the Pink Sheets.