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Omni-Lite Industries Canada Inc V.OML

Alternate Symbol(s):  OLNCF

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

Comment by Venture100on Dec 17, 2008 7:34pm
791 Views
Post# 15652970

RE: more nonsense selling

RE: more nonsense sellingarticle from Yahoo finance indicates that the S & P turned on Nov 20th recovering 20% and possibly indicating the midpoint of the recession. They also state that illiquid small caps should outperform. Omni-lite is oversold due to a lack of liquidity for sure.  With lots of new products coming on stream we should continue to grow our revenues.
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