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Wednesday, January 05, 2011 11:31:43 AM
<<from the omda website
New Updates:
1.) The company Audit did not get completed and has been stopped until further notice.
2.) Prior OMDA GC and attorney Marty Nathan has taken OMDA Oil to Arbitration over a fee dispute from 2005.
3.) OMDA currently is not pursuing any joint ventures or acquisitions at this time.
4.) With OMDA's inability to raise money at this time or issue any shares whatsoever w/o a majority stockholder vote, operations are limited to defending the Marty Nathan Arbitration matter.
5.) The new CEO hire didn't come to fruition. If and when any O&D changes are made stockholders will be updated>>
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