More Serious Questions Regarding Ominto's Accounting

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Ominto

The author has a short position in Ominto Inc.. We have written several articles cautioning investors about Ominto Inc. aka  $OMNT. Yesterday the company released what we consider to be devastating news which confirms our suspicions about omnt’s accounting practices (which we noted here) as well as omnt’s auditing firm (which we noted here). [icahn] Also read: Q2/H1 Hedge Fund Letters – Letters, Conferences, Calls, And More Baupost Letter Points To Concern Over Risk Parity, Systematic Strategies During Crisis AI Hedge Fund Robots Beating Their Human Masters Yesterday, after failing to file it’s 10Q on time, omnt filed a NT-10Q…

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