Omega Commercial Finance Corp. (OTCPK:OCFN) announces a share repurchase program. Under the program, the company will repurchase up to $0.2 million worth of its common stock. Share purchases under the program will be made in the open market, through block trades, or privately negotiated transactions in accordance with applicable Securities and Exchange Commission rules. The timing, actual number, and value of shares that may be repurchased under the program will depend on a number of factors including the company's future financial performance, available cash resources, competing uses for its corporate funds, the prevailing market price of its common stock, the number of shares that become available for sale at prices that the company believes are attractive and compliance with regulatory requirements. The company is under no obligation to repurchase shares under the program. There can be no assurance that the company's board of directors will not decide to suspend purchases of shares under the program or terminate the program all together. The program will continue till June 30, 2015.

On December 11, 2015, the company announced that it has established 10b5-1 plan with its designated broker Syndicated Capital, Inc. to facilitate its share repurchase program. The broker will exercise his sole purchasing discretion pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.