SOS

Count = 3

Hopefully this section will remain small, this contain items purely connected to Aquagold. The COHG debacle will be discussed elsewhere on the site.

Full Press releases related to Aquagold can be found HERE

#1

The Dec 19th 2007 press release stated

"OMNINET MEDIA.COM, INC. (Other OTC:ONMC.PK - News), soon to be AQUAGOLD International, Inc., announces today that the merger between the two companies is now completed with all contracts signed and the merger documents being filed today with both the State of Nevada and NASDAQ"

22 days later no merger had shown up at the state of Nevada site and no clarification had been made by either company. A PR release on that morning then came out stating.

"Manuel DaSilva (CEO AQUAGOLD International, Inc.) takes this opportunity to legitimate the delay in filing. "Unforeseeable difficulties in reuniting all five directors of our company most of which were overseas during this past holiday period did extend our time line for this most important filing." DaSilva continued, "I would like to confirm at this point in time that in fact all documents have been signed and that in order to speed up this much anticipated process a proper delegation of AQUAGOLD Directors will be proceeding to the United States this Tuesday 15th of January 2008 in order to be on location to file the official name change and CUSIP number application."

I thought the merger papers were already signed and being filed? Cloudy as ever, no mention of when the merger papers will be filed with the state of Nevada. Just the name and CUSIP change. Why is a development stage company flying multiple officers to the USA to do trivial tasks?
Note that the first statement is from ONMC and not Manuel Da Silva like the second.

#2

As above
a proper delegation of AQUAGOLD Directors will be proceeding to the United States this Tuesday 15th of January 2008 in order to be on location to file the official name change and CUSIP number application

As of February 7th no results have been seen.

#2

Pinksheets company info as of Oct 27, 2007
Float 204,830,503

December 3 2007 Steve Weiss interviews Paul A Taillefer
"EDS : What is your current share structure, Authorized, Outstanding & Public Float? Also can give us an idea what the tradable float might be?
ONMC:
Authorized: 1 Billion
Issued and Outstanding: 716 Million
144 Restricted Control Block: 500 Million
Public Float: 216 Million

Steve Weiss interviews with former CEO of AQUI Manuel DaSilva January 26th 2008
"EDS: Has the share structure changed in any way and do you anticipate any dilution of stock?
Manuel DaSilva: The share structure has not changed over the past few months since we last spoke, nor do we anticipate any change in the future."
EDS: Do you have a figure of how many shares are in the float that can be traded?
Manuel DaSilva: Roughly 225 million shares"

Pinksheets.com company info was updated on March 10th 2008
Outstanding shares 704,830,503 as of Mar 10, 2008

AQUI files an inital disclosure document with pinksheets April 7th 2008
Number of shares outstanding for each class as of March 31, 2008
I. Shares authorized: 1,000,000,000
II. Shares outstanding 864,830,503
III. Public float 204,830,503


Up down and all around with a total of 160 million shares added to the outstanding shares. I guess they did not anticipate the early investors or the 150 million shares given to the execs?

#3

The estimates on AQUAGOLD's China contract alone exceed $500 Million in revenues, however how much in excess will follow in the near future

The statement above was repeated in most every press release put out by Aquagold, 15 times in total.

From pinksheets filing April 7 2008

Item XVlll Material Contracts
A. The company has letters of intent that do not constitute a contract in the usual sense of the word. Therefore the contract announced before reflected only the intent and the possible volume to attain in the next 5 years. We still believe that we will reach our goal.
The reader will be advised that at this moment an executable contract is being signed following the letter of intent mentioned earlier and that it will be posted immediately following the signature. We like to believe that it will be the first of many.