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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

Comment by ctblizzardon Jun 01, 2018 9:23am
73 Views
Post# 28110317

RE:Behind the scenes IMO

RE:Behind the scenes IMOWell I certainly hope you are right Eric. The only thing that bothers me is this close down of trading is going to be a long wait. From what I read it is 4-6 months even once you have merger or candidate in place which we do not yet. This could be 9 months or longer (similar to his friend at ALQ).  People who do not mind lockups invest in private companies or do private placements on favorable terms for 4 month lockups. Not invest in public companies. Lots can happen in 9 month including a total meltdown in a sector, a recession (which is coming), etc..

A few years back we sold gun cases (MLINE), then purses (Mezzi), then after announcing a huge amount of sales , management sold stock and months later we found out the sales were non-sales. We were told after multiple attempts at getting good quality product we finally did so, only to be told later it was defective.

Before we learned the purses were bad we were told we were told our exciting new direction was giving 7 million plus shares to bunch of guys at Mekenix who posted pictures of sushi and carrot cake to facebook.  Then we had a deal to sell the purse line to Atlas Cloud which never happened and we were going to be a crypto company.

Now after a year and a half of essentially having no business while management and directors and consultants get paid we hear, hey, we are going to be a pot company or invest in pot companies again of which we so far have done nothing yet the stock is halted.  There is no deal yet just another change in direction talked about yet people cannot trade.

I do hope it turns out well as you states, but 6-9 months is a long time.




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