Markettelegraph.com: Markettelegraph.com Profiles Omega Commercial Finance Corporation & HUGHES Telematics, Inc.
Boston, MA, Jun 12, 2009 (M2 PRESSWIRE via COMTEX) --
Companies: HUGHES Telematics Inc (HUTC), HUGHES Telematics Inc (HUTCU), Occidental Funding Inc (OCFN), Omega Commercial Finance Corp (OCFNE)
Omega Commercial Finance Corporation (PINKSHEETS: OCFN); HUGHES Telematics, Inc. (OTCBB: HUTC)
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Stock Profiler is pleased to introduce Omega Commercial Finance Corporation (PINKSHEETS: OCFN) to the investment community. Please visit us at www.stockprofiler.us for more detailed information.
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Omega Commercial Finance Corporation closed at $0.023 Thursday, trading 15,000 shares.
Company News- June 11, 2009: Omega Commercial Finance Signs Letter of Intent to Acquire 440 Acre Development Project in Fresno, CA.
Omega Commercial Finance Corporation (PINKSHEETS: OCFN) yesterday announced that the Company has signed a letter of intent to acquire the majority interest of a 440 acre development project in Fresno, CA.
To read the full news release, go to www.stockprofiler.us, click the Headline Tab, enter the ticker symbol and click the news link.
About Omega Commercial Finance Corporation
Omega is an organization positioned to meet the demand of commercial property in the US and globally. For more information, please visit www.omegacommercialfinancecorp.com.
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HUGHES Telematics, Inc. closed at $6.50 Thursday, trading 10,426 shares.
Company News- June 12, 2009: HUGHES Telematics, Inc. Announces Intention to Offer Exchange Common Stock for Outstanding Warrants
HUGHES Telematics, Inc. ("HTI" or the "Company"), (OTCBB: HUTC) (OTCBB: HUTCW) (OTCBB: HUTCU), announced earlier today that the Company intends to offer the holders of all 15,000,000 outstanding, publicly traded warrants ("Public Warrants") and of 4,500,000 warrants issued by the Company in private placements prior to its acquisition of Hughes Telematics (the ''Private Warrants'' and collectively with the Public Warrants, the "Warrants") the opportunity, for a limited time, to acquire one share of common stock of the Company in exchange for every 20 Warrants surrendered.
To read the full news release, go to www.stockprofiler.us, click the Headline Tab, enter the ticker symbol and click the news link.
About HTI
Hughes Telematics, Inc. is a leader in implementing the next generation of connected services for the automobile. Centered on a core platform of safety and security offerings, the company develops and manages vehicle- and driver-centric solutions to enhance the driving and ownership experience. Headquartered in Atlanta, Ga., Hughes Telematics offers a portfolio of consumer, manufacturer, fleet and dealer services provided through two-way connectivity to the vehicle. Networkfleet, Inc., a wholly owned subsidiary of Hughes Telematics located in San Diego, Ca., offers remote vehicle diagnostics, an integrated GPS tracking and emissions monitoring system for wireless fleet vehicle management. Additional information about HUGHES Telematics can be found at www.hughestelematics.com.
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Companies: HUGHES Telematics Inc (HUTC), HUGHES Telematics Inc (HUTCU), Occidental Funding Inc (OCFN), Omega Commercial Finance Corp (OCFNE)
Related terms: acquisition, advisor, broker, california, commercial, community, consumer, dealer, e-mail, finance, investment, investment opinion, manufacturer, market, media, property, securities, security, small cap, web, wireless
