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Omega Commercial Finance Corporation Strengthens Balance Sheet With $3-Million Cash Investment


October 7, 2013 - MIAMI BEACH, FL

Omega Commercial Finance Corporation (OTCQB: OCFN), a publicly traded financial holding company, is pleased to announce the closing of a $3 Million equity investment through the direct placement of its common stock to three private investors on September 13, 2013.

The 30 million shares purchased at $0.10 per share illustrated the shares were valued and purchased at a premium based on the market's closing price at the time of the purchase. This transaction was facilitated through OCFN's Direct Public Offering, which provides for the direct sale of these registered shares to investors pursuant to the company's S-1 registration statement that became effective on January 30, 2013.

Considering this is new cash "bodes well" for third-quarter results, specifically by strengthening OCFN's balance sheet. Strategically, as a small-cap company with its increased Paid-in-Capital i.e. "cash," OCFN has begun negotiations with additional institutional investors for future equity investments. Jon Cummings IV, President of OCFN, commented, "We are very excited and extremely fortunate to have the support of these private investors along with their investment advisor, who believe in OCFN's long-term future."

To continue its diversified ownership of companies, OCFN intends to use the proceeds from this $3 Million investment to shape its growth strategy stemming from its currently owned minority stake in a full service broker dealer -- VFG Securities Inc. and VFG Advisors Inc. with $170-MM in AUM, and future acquisitions of other comparable financial firms.

With great foresight, OCFN's management implemented its own Direct Public Offering (DPO) strategy, which is similar to an initial public offering (IPO) in that the common stock is sold directly to long-term investors and the proceeds are received by the Company. However, unlike an IPO, a company raises capital both privately and directly from investors without the assistance of retail brokers or placement agents.

About Us:
Omega Commercial Finance Corporation is a publicly traded financial services holding company with minority ownership stake in VFG Securities and VFG Advisors. Our principal companies operate in the commercial real estate, finance, and capital markets sector. As a holding company, OCFN collectively along with its subsidiaries' management teams have 50-years combined experience and knowledge across these business lines.

Safe Harbor Forward-Looking Statements

In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Omega Commercial Finance Corporation, is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our expectations concerning its long-term prospects and our ability to attract future equity investors.

We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.

Omega Commercial Finance Corporation
Investor Relations
1-877-912-OCFN (6236) Ext. 0


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