Omega Commercial Finance Corp. (OTC Pink: OCFN) Secures Capital - $6-7 Million In Revenue, $3 Million in Assets Countdown
Miami, FL -- July 11, 2016 --
InvestorsHub NewsWire -- EmergingGrowth.com, a leading
independent small cap media portal with an extensive history of
providing unparalleled content for the Emerging Growth markets and
companies, reports on Omega Commercial Finance Corp. (OTC
Pink: OCFN).
OCFN May not be at these levels much longer.
– “The Play” Outlined Below…
See the News & Full Report on Omega Commercial Finance Corp. at
EmergingGrowth.com
http://www.EmergingGrowth.com/?s=OCFN
Omega Commercial Finance Corp.
(OTC Pink: OCFN) is New to EmergingGrowth.com. OCFN
just announced that it secured
$650,000 of capital for its subsidiary Omega FLK Property
LLC.
These funds will be used to
support the repositioning of a recently acquired hotel and marina
property located in the Florida Keys. Management believes
they can increase the average daily rates (ADR’s) as a result of
the renovations and upgrades, which in turn could typically
increase net operating income (NOI) levels that could yield a
stabilized value well over the lease agreement’s option purchase
price of $6.5 million.
The Play:
OCFN acquired VeriTrek Inc. in
October 2014 with the intention of using VeriTrek’s 400 agents to
market its CRE lending platform and to eventually penetrate the
residential lending sector in order to expand and diversify its
lending business.
However, delays arose stemming
from the merger in obtaining PCAOB documents to prepare the
financials for VeriTrek Inc.
Once Omega Commercial Finance
Corporation completes the 2013 and 2014 audit of VeriTrek Inc. they
can formally file an 8-K coinciding with effectively consolidating
VeriTrek Inc. to the balance sheet of OCFN, plus with both 2015
10-Qs and 10-K forms filed, and the required YTD 10-Q’s, Omega
Commercial Finance Corporation will once again be fully reporting
and compliant with the Securities Exchange Act of 1934.
Omega Capital Street’s CEO Eran
Danino says Omega Commercial Finance Corporation should be
complaint and back to a full reporting status within 45 to 60 days
from June 2016.
When this reporting situation is corrected
the new synergized and consolidated platform is forecasted to post
$6-7 million in revenue and hold $3 million in
assets.
In June 2015, Omega Commercial
Finance Corporation acquired 20% of Branca Ribeiro Representacoes
Ltd. (BRR). BRR operates as a timber and forest holding company
with 345,453 acres of forest in Brazil. As of 2014, BRR’s land
holdings were valued at around $393 million. Subject to this
valuation this could give Omega Commercial Finance Corporation
access to around $76-million in timber assets that can then be used
as leverage to generate lending capital to fund future loans and
other related business capital requirements.
OCFN, through its subsidiary lending divisions, directly originates
commercial real estate property loans and other structured finance
opportunities as well as providing accounts-receivable based lines
of credit, better known as factoring.
See the News & Full Report on Omega Commercial Finance Corp. at
EmergingGrowth.com
http://www.EmergingGrowth.com/?s=OCFN
Other Emerging Growth
News
Rock Creek Pharmaceuticals,
Inc.
Rock
Creek Pharmaceuticals, Inc. (OTCQB: RCPI) specializes in emerging
drug development, commercialization, and formulation of new
treatments for a variety of viruses and ailments. Over the past
three months, the pharmaceutical company has seen average daily
volume of around 7.1 million shares. However, over 7.244 million
shares or $76,062 in dollar volume has exchanged hands during the
trading session Friday, July 8, 2016.
The
big news out of Rock Creek Pharmaceuticals, Inc. (OTCQB: RCPI)
comes from an announcement that the pharmaceutical firm has entered
into interim amendments on the company’s convertible debt loans.
This comes as Rock Creek Pharmaceuticals, Inc. (OTCQB: RCPI)
continues to locate additional financing sources to help drive
earnings growth and the development of new
treatments.
See
the full story on EmergingGrowth.com here: http://emerginggrowth.com/rock-creek-pharmaceuticals-inc-otcqb-rcpi-declines-10-interim-amendments-companys-convertible-debt-notes/
GreenGo Technolgoies, Inc.
Since our last report on GreenGo
Technologies, Inc. (OTC Pink: GRNH) on June 15th, shares
have climbed 45% before stabilizing 27% higher on above average
volume last Thursday and Friday.
GreenGo
Technologies, Inc. is a manufacturer of vertical cultivation
systems and designs to consumers and industrials farmers. The
company entered the vertical cultivation business through its
acquisition of Vertical Hydrogarden, Inc.
On4 Communications, Inc.
Since we last reported on On4 Communications, Inc. (OTC Pink ONCI),
shares have dipped another 40% to a low of .0009 on
Friday.
The previous sell off on heavy volume comes after the company
released a statement detailing of On4 Communications, Inc.’s
meeting with an audit firm to “create a culture of transparency
that a fully reporting status ensures,” according to the press
release.
On4 noticed a slight recovery on Thursday, but it was short lived
on very light volume.
About
EmergingGrowth.com
EmergingGrowth.com is a leading
independent small cap media portal with an extensive history of
providing unparalleled content for the Emerging Growth markets and
companies. Through its evolution, EmergingGrowth.com found a
niche in identifying companies that can be overlooked by the
markets due to, among other reasons, trading price or market
capitalization. We look for strong management, innovation,
strategy, execution, and the overall potential for long- term
growth. Aside from being a trusted resource for the Emerging
Growth info-seekers, we are well known for discovering undervalued
companies and bringing them to the attention of the investment
community. Through our parent Company, we also have the
ability to facilitate road shows to present your products and
services to the most influential investment banks in the
space.
Disclosure:
All information contained herein as well as on the
EmergingGrowth.com website is obtained from sources believed to be
reliable but not guaranteed to be accurate or all-inclusive. All
material is for informational purposes only, is only the opinion of
EmergingGrowth.com and should not be construed as an offer or
solicitation to buy or sell securities. The information may include
certain forward-looking statements, which may be affected by
unforeseen circumstances and / or certain risks. This report
is not without bias. EmergingGrowth.com has motivation by means of
either self-marketing or EmergingGrowth.com has been compensated by
or for a company or companies discussed in this article. Full
details about which can be found in our full disclosure, which
can be found here, http://emerginggrowth.com/disclosure-6236/ Please
consult an investment professional before investing in anything
viewed within. When EmergingGrowth.com is long shares it will sell
those shares. In addition, please make sure you read and understand
the Terms of Use, Privacy Policy and the Disclosure posted on the
EmergingGrowth.com website.
CONTACT:
Company: EmergingGrowth.com - http://www.EmergingGrowth.com
Contact Email: EmergingGrowth1@gmail.com
Rock Creek Pharmaceuticals (CE) (USOTC:RCPIQ)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
Rock Creek Pharmaceuticals (CE) (USOTC:RCPIQ)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024