Omnicity Corp (OTCBB: OMCY) is in the StockGuru Spotlight for May 11, 2009
DALLAS, TEXAS : StockGuru announces that Omnicity Corp (OTCBB: OMCY) is in the StockGuru Spotlight. Omnicity Corp is a public company based in Indiana providing broadband access, including advanced services of voice, video and data, in un-served and underserved small and rural markets and is planning to be the premier consolidator of rural market broadband nationwide. Omnicity’s strategy is to provide a total broadband solution and continue rapid growth through acquisitions, organic growth and continue to partner with Rural Electric Membership Co-ops and Rural Telephone Companies. Omnicity has an experienced broadband operations team with extensive wireless broadband/ISP expertise as well as the expertise to consolidate large numbers of businesses through its roll-up strategy.
On Friday the company put on news regarding moving forward with their business model to deliver “Broadband to the Heartland” and has taken another major strategic step in expanding and enhancing its Midwestern fixed wireless and fiber optic network by signing an important agreement with Lebanon Utilities in Lebanon, Indiana. Under the terms of the agreement Omnicity will construct the fiber optic network to connect the Lebanon Community Schools with Lebanon Utilities. Omnicity’s fiber optic construction team won the bid to construct the network and it represents the first of many fiber optic construction projects that the Company plans to complete in 2009. “We continue rapidly forward with the execution of our business model by moving beyond our wireless network in building more fiber optic solutions that support our current infrastructure. Our agreement with Lebanon Utilities allows us to further fulfill our mission by building, buying and partnering strategically to grow, meet and exceed the Omnicity plan to provide Broadband services in some of the more challenging un-served and underserved areas of rural America,” added Greg Jarman, COO of Omnicity.
Disclosure: Pentony Enterprises LLC has been compensated $3000 for Spotlight Coverage from a non-controlling third party. Pentony Enterprises is not a registered investment adviser or a broker/dealer. John Pentony can also earn more restricted shares through direct introduction of accredited investors who hold any shares purchased for a long term hold defined verbally as one year or greater. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.
Shares for Omnicity Corp (OTCBB: OMCY) were up in the first few hours of trading on Friday and closed up three cents at the close.
To view our StockGuru Spotlight on Omnicity Corp (OTCBB: OMCY), please visit: http://www.stockguru.com
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The StockGuru Spotlight features stocks that we expect some action in. Generally speaking we expect a strong showing in the market based on the market, our knowledge of the stock and the buzz in the markets. Many times these will be stocks that have big news out recently, there is fresh interest in getting the word out on these stocks or we hear a buzz in our day to day contacts on these stocks. If we think it is going to move or see action, we put it in the StockGuru Spotlight. If we are compensated for a stock in the Spotlight, it will be clearly disclosed within this Spotlight Announcement.
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