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Bullboard - Stock Discussion Forum 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... see more

TSXV:OMNI - Post Discussion

Omni Commerce Corp. > WOW- PureKanna Deal is off ,500k qtr loss more...
View:
Post by ctblizzard on Mar 31, 2019 10:24am

WOW- PureKanna Deal is off ,500k qtr loss more...

Financials just dropped on Sedar.

In the notes of the financial statement it states that the PureKanna deal was decided not to be persued as of Jan 31, 2019!!!!!!

Loss for Qtr 500k plus

Cash down

50k advance to a company owned by former CEO now on bad debt list. But they are trying to get the money back

That company was December 33 Capital Inc, which use to be called Linqster and had KR and his brother involved

See info here along with the article from June 2017


December 33 Capital

This is total BS!!!!

First we have all the Mezzi sales which were known to be non-sales much earlier than we found out about and KR selling a huge amount of stock months earlier.

Now we have no PR regarding the deal being called off, a halted stock for no reason since there is no deal pending and no word from the company while money is burned through.

Also BILZ is halted as well again and has been for maybe a month. You can review that board for info.

I sincerely hope someone is looking at all this stuff.
Comment by fumperbun on Mar 31, 2019 12:53pm
This is totally crazy how can the exchange let stuff like this happen. That 500.000 was as January 31st and that is when the deal was  called off. Why not issue a press release at that time. I'll tell you why, because by waiting longer till financials are due allows more money to be taken out of the coffer. I don't care who you are this is no secret as to what is going on here.
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