Replies to post #8205 on Omega Commercial Finance Corp (fka OCFN)

[Bigjohn6500]

This news was from last month I found



Recent Activities of Operations
OCFN directed by its VP of Capital Markets, Dave Demarest, completed a private sale of 1,500 restricted shares of OCFN 18.25% Series 2020 Convertible Preferred Shares at $200.00 per share yielding $300,000 to the company.

OCFN recently announced a Stock Repurchase program with Syndicated Capital, a full service broker dealer. Since commencement OCFN has repurchased 200,000 common shares that will be retired to treasury.

OCFN signed an exclusive financial advisory engagement agreement with a top New York boutique investment banking firm to assist company management with designing and implementing a capital markets strategy for OCFN's growth plans within its core commercial real estate property and asset backed lending platform and related business sectors.