Omega-Alpha, Inc.
Omega-Alpha, Inc.
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Product Details
Company | Omega-Alpha, Inc. |
Certificate Type | Common Stock |
Date Issued | March 22, 1976 |
Canceled | Yes |
Printer | American Bank Note Company |
Signatures | Machine printed |
Approximate Size |
12" (w) by 8" (h) |
Product Images |
Show the exact certificate you will receive |
Authentic | Yes |
Additional Details | NA |
Historical Context
Omega-Alpha, Inc. was a small and mysterious firm founded in 1971 by James Ling - the famous Dallas businessman who built the giant Ling-Temco-Vought. Ling was known for employing a tactic called "redeployment" when it came to his assets. He would buy a company, split it into multiple pieces, and then sell them off individually.
It appears the company was a holding company for a number of Ling assets including the Okonite Company, the Transcontinental Investing Company, the Harbor Boat Building Company and the General Felt Company.
The company plunged into bankruptcy in 1974 - thanks in part to an understated debt level that was inherited when the company purchased the Transcontinental Investing Company - and ultimately was bought by Ling`s arch-rival, financier Harold Simmons, also of Dallas.
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Additional Information
Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. All items offered are collectible in nature only. So, you can frame them, but you can't cash them in!
All of our pieces are original - we do not sell reproductions. If you ever find out that one of our pieces is not authentic, you may return it for a full refund of the purchase price and any associated shipping charges.
FAQ
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We guarantee all of our pieces to be authentic. If you ever determine that a piece is not authentic, it may be returned for a full refund of the purchase price as well as any associated shipping charges.