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Omni-Lite Industries Canada Inc V.OML

Alternate Symbol(s):  OLNCF

Industrials
Omni-Lite Industries Canada Inc. develops and manufactures mission-critical, precision components utilized by Fortune 100 companies in the aerospace, defense, industrial and energy industries. The Company has three business segments: forged, electronic and investment casting components. Its forged products business is conducted in Cerritos, California. Its electronics business is conducted in Nashua, New Hampshire, a value-added contract manufacturer of electronic components for electronic sensors serving the defense, aerospace, medical, and secure communications markets. Its investment castings business is conducted in Brampton, Ontario, where it manufactures ferrous, non-ferrous, and light-alloy investment castings of highly engineered, high-performance hardware and structural components for aerospace, defense, nuclear, and industrial applications. It has developed patented technologies for transferring products through multi-die machines with segmented tooling.


TSXV:OML - Post by User

Omni-Lite Industries Canada Inc
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Comment by Kantenahon Jul 29, 2011 3:37pm
236 Views
Post# 18888710

RE: Insider Buys

RE: Insider Buys
I too have been taking full advantage of the recent dip in the SP to add to my holdings of OML.  A little risky given current macro-economic  factors, but the company's recent announcements regarding their progress towards new products in the automotive and defence markets are too good to ignore.

I consider the first artical approval of the "Green Round" to be especially significant.  Some good production orders should flow soon.  That's assuming of course that Uncle Sam is still meeting the Pentagon's payroll next week.  Crazy times indeed!

GLTA

-K
Bullboard Posts
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