George,
Thank you. Maybe I forgot to mention: I can read.
Meaning, I got the investors package (nice try),
but it doesn't mean a thing. The following information
on the other hand means a lot:
A.
Robert Gibson (according to Robert Gibson = we just
had a very lengthy phone conversation just 5 minutes
ago) is no longer with the company. He also decided
to pull the plug (last Sunday) on OMGD's phone and
computer system, which his own company provided for
the OMGD shell. (I think the 1-800 is back up
again; well, one has to maintain the fassade....)
B.
This plug-pulling included data processing tools for
the DNA tests (which should bring the money). By the way,
DNA testing: how can you do 1,000 or more tests a month,
when your whole laboratory staff left (14-15 folks), and
is several months later (no testing in the meantime)
replaced by one single bio-chemist.
C.
Shouldn't investors know, that Omnigene Diagnostics Inc.
was a spin-off from a dying shell company? But, if that
wouldn't be disturbing enough, get this: The spin-off
allegedly happened to protect certain resources from
becoming absorbed by claims (which would be a serious
violation of bancruptcy regulation). Guess who was the
guy running the dying "mother-shell"? ...Come on...
Right indeed: Mr. Scacci.
D.
So far, we could identify several great providers of some
very, very red ink on the balance sheet. Just imagine that
some of the "start-up" money becomes the desired object of
the claims mentioned under C. If we add the alleged facts,
that a) important laboratory equipment is not longer with
the company and b) sales to a larger market are currently
not possible because of the obvious capacity constraints,
we might start to wonder how many sub-fractions of a cent
the real value of the OMGD stock is.
E.
Last not least, we reach the core: the stock itself. As
you can see from my previous posting, allegedly several
100,000 shares of stock were issued under Regulation D
Rule 504 registration exemption for zero $$. Allegedly,
some of those stocks have been used for public trading in
violation of the rule they were issued under. This was
the final trigger for me not only to get out, but also
to inform the Enforcement Division of the SEC (which
confirmed in the meantime that they will look into it).
I wish all real investors on this board good luck with
whatever decision they make. For folks like John Rossi,
who started this thread (guess why...), I have only one
recommendation: take your money and run. Why? Very
simple: Mr. Gibson mentioned something about existing
links between John "Hype" Rossi and Mr. Scacci. Now,
did that really surprise you.......???
Luckily, not all threads are created by puppets.
Well, at least I hope so....
I want to thank Robert Gibson for his integrity and how
he handled the communication. His outspokenness might save
a lot of people from getting burned. I wish there would be
more like him and fewer of those post-oral money suckers.
Peter |
