Omega Navigation Enterprises, Inc.(fka ONAVQ)

[finbar99]

The wording of the filing is interesting. At least in bk with pacer, we should start getting more up to date fin'l info. I checked the docket earlier - only 4 entries, and nothing substantive, other than the bk filing itself, which was for the most part just the court forms. Anxious to see the affadavits and first day motions start to roll in to get an idea about the strategy. Given the holdings structure - the filing shows 4 parties holding 55% but I believe the 20% of ONE double counts the 20% held by officers and directors - equity should have a strong voice on the inside, not that games don't get played anyway. In for 99,925 today - I was a good portion of total volume today. That part can ride, win or lose - 90%+ of bk companies wipe out equity - but that other 10% more than makes up for it. Will look to add based on developments in the courtroom.