SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Omicron Technologies (OGPS)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim B who wrote (686)12/26/1999 3:23:00 PM
From: Jim Bishop  Read Replies (1) of 830
 
Also from OGPS filing:
-----------------------------------
2 PP's in the next 6-8 weeks (from filing date I guess) $14MM

Disbursements planned as follows:

APS - $2.5MM
IRC - $6.5MM
Internet business - software - $.5MM
- Casino - $1MM
- MaXum bingo - $.75MM
- Investor News - $.75MM
General working capital - $.5MM
Reserve for future acquisitions - $1.5MM
---------------------------------------------
Assets doubled in the last 9 months, from .75 to $1.5MM approx

---------------------------

Revenues of $1.2MM expected to be received "early 2000"

---------------------------

No plan for any preferred shares

--------------------------

And one heck of a deal on their office space until Aug 2002, sheesh I pay $6 per foot for compared to their building, a dump.

----------------------------

Officers and directors take no salaries, although Sak's SIU Financial does have a consulting contract.

----------------------------

And, LOL Gary and Sterling, are certainly have, a heck of a lot $$ than me.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext