Replies to post #5417 on Omega Commercial Finance Corp (fka OCFN)

[J_Ehrat]

No doubt that there is pumping, but I believe for good reason....

MIAMI BEACH, FL--(Marketwired - Oct 7, 2013) - Omega Commercial Finance Corporation (OTCQB: OCFN), a publicly traded financial holding company, is pleased to announce the closing of a $3 Million equity investment through the direct placement of its common stock to three private investors on September 13, 2013.
The 30 million shares purchased at $0.10 per share illustrated the shares were valued and purchased at a premium based on the market's closing price at the time of the purchase.

Investors purchased 30 million shares of the company at .10 per share.

Does that not tell you anything?

What do you think a Financial Company can do with 3 million in cash?

Indeed there is some pumping, but if you do some DD I think that you would understand some of the reasons for it.

[J_Ehrat]

Then today you are already seeing results from that stock sale...

http://online.wsj.com/article/PR-CO-20131031-908648.html?dsk=y

"OCFN announced the launch of Omega Emerging Technology Finance LLC that has identified a firm with two (2) advanced technologies within the hi-tech space and seeking Participating Equity Financing to boost their growth due to interest from a top android phone carrier.

OCFN plans to capitalize the new subsidiary from their recently developed relationship with private investors such as the groups whom recently purchased OCFN common stock, through a Stock Purchase Agreement, at $0.10 per share."

What more do you want or need to think that this stock can go back up to over .10 in a heartbeat.....especially with such a low float.

Did you look at how few shares were available? Have you watched how few Bid slaps there were the last couple of days?

The Ask is still below .04...this is basically the bottom range of where the stock should be trading....and in my opinion will be trading in the near future (.10 - .20).

I just got in as well....in the low .03's so don't call me a bag giver as I don't plan to sell until well above .10.

[bcapps66]

And what's your motivation for being here kd?

[IPO$]

Are there any scams of over seas investors?