Omega Navigation Enterprises, Inc.(fka ONAVQ)

[brwtrpilot]

Not a law dog here so take this with a grain of salt..
First the petrochemical market is hopping and has been
through the housing deal and to date. Very little slow down
of cargo operations. FACT,, I work in the industry. In Houston.
Check the vessel movement in Houston ship channel.
2 this firm is stating that the reason for this BK is due
to Banks not following up on contracted credit,, Very important
in any business to keep the time from pick up to discharge to payment
in a normal course of business. What the common holder has is a case
against the banks if they band together and form a class action
along with this firm. Will be putting this one on my watch list to see how it plays out..
Pilot