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Omni Commerce Corp. V.OMNI

"Omni Commerce Corp is a brand management company, which is engaged in the sale and distribution of various consumer products and fashion accessories. Its segments include Mezzi, which includes leather goods; MLine, which includes luggage and cases, and Capital Eyewear, which includes hand-made eyewear. The company is also engaged in the business of producing, developing and marketing different brands and categories of consumer products through omnichannel sales platform."


TSXV:OMNI - Post by User

Post by ctblizzardon Dec 11, 2020 10:11pm
155 Views
Post# 32092061

True but something is better than nothing

True but something is better than nothingI forget as it has been a long time but when we hit .015 cents, which became 15 cents I think after a reverse split and ran I had loaded up and sold half. The other half is what is remaining in there so assuming its 1 for 5 and comes out at 60 cents , that is still decent.

This is not all Omni's fault but I have to say I will never, ever again buy a venture stock. As I mentioned before this halting of public stocks for years at a time is ridiculous. I get they wanted to prevent companies from saying "hey im blockchain" or "hey im a pot company" but public investors are not private placement people. If I company needs to be halted for a month or two , maybe, but years? that is ridiculous. Each deal should have a review window. Once closed , for better or worse it starts trading.

All this does is totally lock up public investors while management continues to pay itself.

Maybe they will promote the stock , do some exploration/joint venture mining to get price up to get warrants exercised.

I see pictures of Keir and his wife on Instagram and im thinking, wow, we got hosed and he is living pretty well. I cant believe all those "sales" turned out to be non-sales but were reported as sales for 3 quarters. (MEZZI). At least he handed it off and something will come out of it though.


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