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needadollar

01/02/04 6:23 PM

#34343 RE: MartyMan #34342

Has anyone followed KAIH? Any thoughts?
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TechKim

01/03/04 9:05 AM

#34353 RE: MartyMan #34342

OMOG /omda oil/gas

It may just be turning around? 989,952,715 outstanding shares is scarey though. But for $2,600 plus you can own a million shares.
It really is turning around in revenues . It has had a recent 1% of its outstanding shares repurchased by the company. Had a 1 for 1000 reverse split sometime ago 6/7/02. Another reverse 7/16/98 1 for 100. Three good signs that dilution may have halted. Well producton is up. New wells are growing nicely also.

It a pinkie ! Has hiried a new accounting firm in October for restructuring........My major fear would be another reversal as a restructuring for listing. But then who knows they may dilute again! No one just going to hand us a million dollars cause they like us. lol :)

Any thoughts appreciated! Have not bought in! Just toying around this morning trying to find the million dollar winners. Just sharing !

http://www.pinksheets.com/quote/quote.jsp?symbol=OMOG