Omega Commercial Finance Gains National Exposure Through Its Involvement With Running...
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Omega Commercial Finance Gains National Exposure Through Its Involvement With
Running Horse Development
MIAMI, June 24, 2009 (GLOBE NEWSWIRE) -- Omega Commercial Finance Corporation
(Pink Sheets:OCFN) has announced that the Company has received a deluge of calls
from media outlets all over the country including ABC, CBS and Fox affiliate
stations expressing interest in the Company's intent to acquire EcoCalifornia,
LLC and its 440 acre PGA Golf Resort/Housing Development project called Running
Horse, located in Fresno CA.
Two years ago the project had gained considerable attention from real-estate
tycoon Donald Trump and his Trump Organization as he attempted to take hold of
the project. Because of Mr. Trump's foresight in the value of the project,
several tenacious efforts were made by his organization to come in and negotiate
the purchase rights from the various landowners. Because of the strength of the
housing market along with the stable economy in 2007, a deal could never be
reached between what the landowners felt their property was worth and what
Donald Trump was willing to pay.
Due to current real-estate and market conditions in 2009, Omega has determined
that they have obtained purchase agreements and LOI's with landowners through
EcoCalifornia, LLC enabling the company to seek the necessary capital to finally
move forward in order to bring a first class Golf Course with committed PGA
tournaments, and beautiful housing with townhouse projects adjacent to the
course, into the Fresno, CA. region.
To view some of the news coverage on Omega click on the following links:
http://abclocal.go.com/kfsn/story?section=news/local&id=6858976
http://www.ksee24.com/news/local/47860212.html
http://www.cbs47.tv/news/local/story/New-Hope-for-Running-Horse-Project/G2f-3xrF
EiN_nx2BitWjg.cspx
For more info on Running Horse visit: www.runninghorsegolf.com
For more info on Omega visit www.stockprofiler.us
Safe HarborThis release contains statements that constitute forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as amended.
These statements appear in a number of places in this release and include all
statements that are not statements of historical fact regarding the intent,
belief or current expectations of Omega Commercial Finance Corp., its directors
or its officers with respect to, among other things: (i) financing plans; (ii)
trends affecting its financial condition or results of operations; (iii) growth
strategy and operating strategy. The words "may," "would," "will," "expect,"
"estimate," "can," "believe," "potential" and similar expressions and variations
thereof are intended to identify forward-looking statements. Investors are
cautioned that any such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, many of which are beyond Omega
Commercial Finance Corp.'s ability to control, and that actual results may
differ materially from those projected in the forward-looking statements as a
result of various factors. More information about the potential factors that
could affect the business and financial results is and will be included in Omega
Commercial Finance Corp. filings with the Securities and Exchange Commission.
CONTACT: Omega Commercial Finance Corporate Investor Relations Dept.
Joseph Vazquez (305) 728-5350 jvazquez@ocfncorp.com
Safe HarborThis release contains statements that constitute forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as amended.
These statements appear in a number of places in this release and include all
statements that are not statements of historical fact regarding the intent,
belief or current expectations of Omega Commercial Finance Corp., its directors
or its officers with respect to, among other things: (i) financing plans; (ii)
trends affecting its financial condition or results of operations; (iii) growth
strategy and operating strategy. The words "may," "would," "will," "expect,"
"estimate," "can," "believe," "potential" and similar expressions and variations
thereof are intended to identify forward-looking statements. Investors are
cautioned that any such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, many of which are beyond Omega
Commercial Finance Corp.'s ability to control, and that actual results may
differ materially from those projected in the forward-looking statements as a
result of various factors. More information about the potential factors that
could affect the business and financial results is and will be included in Omega
Commercial Finance Corp. filings with the Securities and Exchange Commission.
CONTACT: Omega Commercial Finance Corporate Investor Relations Dept.
Joseph Vazquez (305) 728-5350 jvazquez@ocfncorp.com
Safe Harbor
This release contains statements that constitute forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. These statements
appear in a number of places in this release and include all statements that are
not statements of historical fact regarding the intent, belief or current
expectations of Omega Commercial Finance Corp., its directors or its officers
with respect to, among other things: (i) financing plans; (ii) trends affecting
its financial condition or results of operations; (iii) growth strategy and
operating strategy. The words "may," "would," "will," "expect," "estimate,"
"can," "believe," "potential" and similar expressions and variations thereof are
intended to identify forward-looking statements. Investors are cautioned that
any such forward-looking statements are not guarantees of future performance and
involve risks and uncertainties, many of which are beyond Omega Commercial
Finance Corp.'s ability to control, and that actual results may differ
materially from those projected in the forward-looking statements as a result of
various factors. More information about the potential factors that could affect
the business and financial results is and will be included in Omega Commercial
Finance Corp. filings with the Securities and Exchange Commission.
This release contains statements that constitute forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. These statements
appear in a number of places in this release and include all statements that are
not statements of historical fact regarding the intent, belief or current
expectations of Omega Commercial Finance Corp., its directors or its officers
with respect to, among other things: (i) financing plans; (ii) trends affecting
its financial condition or results of operations; (iii) growth strategy and
operating strategy. The words "may," "would," "will," "expect," "estimate,"
"can," "believe," "potential" and similar expressions and variations thereof are
intended to identify forward-looking statements. Investors are cautioned that
any such forward-looking statements are not guarantees of future performance and
involve risks and uncertainties, many of which are beyond Omega Commercial
Finance Corp.'s ability to control, and that actual results may differ
materially from those projected in the forward-looking statements as a result of
various factors. More information about the potential factors that could affect
the business and financial results is and will be included in Omega Commercial
Finance Corp. filings with the Securities and Exchange Commission.
CONTACT: Omega Commercial Finance Corporate
Investor Relations Dept.
Joseph Vazquez
(305) 728-5350
jvazquez@ocfncorp.com
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