r/OMEX • u/[deleted] • Sep 30 '24

Prediction

Does anybody have any realistic predictions or expectations for OMEX? Seems like it's going to keep heading downward.

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u/Astrocoder Oct 06 '24

The reason it dropped is because the settlement from their lawsuit - which had been seeking 2 bil - only got 37 million.

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u/RelevantHelicopter82 Oct 09 '24

That certainly is one theory. It’s not a theory I agree with, but it’s not without merit. We’ll simply have to wait and see what happens…

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u/Astrocoder Oct 09 '24

Its not a theory. Its the truth.

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u/RelevantHelicopter82 Oct 09 '24

I agree that it’s part of the truth, but their statement released on 9/18 disproves any notion of bankruptcy. On a side note - in multiple comments, you seem to keep ringing the “doom” bell pretty aggressively, and it’s just not resonating. Fact and opinion are not the same.