Omega Commercial Finance Hires VP of Marine Operations for the Omega Royale Casino Vessel
Omega Commercial Finance Corporation (OTCBB:OCFN), the parent company of “Omega Royale†is pleased to announce the appointment of Captain Donald Mathias as Chief Captain and VP of Marine Operations. Captain Mathias brings over 25 years of experience in the cruise, transportation and travel industries on a global level.
Between 1975 and 1980, Captain Mathias served as General Manager of Fred Olsen Lines, based in Oslo, Norway. During that period he designed numerous vacation programs for leading travel companies worldwide. He also assisted in the development of hotel programs at numerous major hotels and three leading European based cruise lines. He was also the driving force between European and North American passenger onboard programming.
Subsequently, Captain Mathias held the position of General Manager for the prestigious Royal Caribbean International Fleet. In this position, he managed well over 500 personnel through 14 departments and raised quality control standards allowing the company to continually exceeded passenger expectations. In the construction aspect of vessels, Captain Mathias was the Executive Vice President of Samsung Heavy Industries at their shipyard in South Korea. He proudly held the position as the only foreign manager ever employed at that time. He was responsible for the company’s special project division which included the building of Cruise and Ferry vessels.
In 1984, Captain Mathias was recruited by Premier Cruise Lines and hired as the Senior Vice President of Operations. He was responsible for approximately 2,500 personnel. His responsibilities included recruitment, budgets, training and product delivery. He also oversaw all government requirements and procedures. By 1990 he had overseen the rebuilding, conversion, and refurbishment of four of the fleets cruise vessels, including USPH implementation, safety and manual procedures.
Later in 1990, Captain Mathias joined the Lelakis Group of Athens Greece, becoming the Senior Executive Vice President, with responsibilities for the shipboard and shore side facilities of 14 cruise ships and 27 hotels.
In 1993 Captain Mathias became the Executive Director of the Cruise Industry Institute for the Hospitality Management Center at Nova Southeastern University, Ft. Lauderdale, Florida. He held this position while simultaneously holding the position of Adjunct Professor and Executive Director of Development for Keiser College, Miami, FL.
As previously announced, the “Omega Royale†will be a 100,000 sq. ft. ultra luxurious resort style casino vessel equipped with a 49,000 sq. ft. state-of-the-art casino that will include approximately 500 player tracking slot machines and 64 table games consisting of Baccarat, Black Jack, Craps and Roulette. The plush style casino will be spread over four decks, which will be connected via elevators and escalators. A complete Vegas Style Sports Book will afford gamblers the opportunity to wager 24 hours a day on various sport competitions. Resort style amenities such as multiple lounge venues, a Grand Show Room with headliner & production shows, expansive outdoor decks with several unique dining options will adhere to the wide range of gamblers the ship expects to draw. Special attention shall be paid to the ships VIP facilities. The company anticipates including luxury suite accommodations, a VIP lounge, a world-class Asian spa, business conference facilities and retail boutique shops. High Rollers will also enjoy the luxury of having the ability to fly in on the vessels VIP heliport.
Additionally, through strategic planning, the company has identified an unprecedented way to turn over its gambling clientele several times a day without the vessel having to leave its international waters.
The use of two catamaran shuttles will give the company the ability to transport up to 300 gamblers less than 60 minutes allowing the casino and its operations to run at full capacity virtually 24 hours a day. This unique ability to sustain constant gambling operations mixed with the vessels 2,000 passenger capacity should allow for a consistent revenue stream for the company and its operations.
Jon Cummings, CEO, stated, “We are very pleased with the appointment of Captain Mathias. Our ability to bring in management of his class is a testament to the value of our project. We look forward to utilizing his multi-faceted expertise in achieving the preliminary work and complex operation of this vessel.â€
Safe Harbor
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Omega Commercial Finance Corp., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Omega Commercial Finance Corp.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Omega Commercial Finance Corp. filings with the Securities and Exchange Commission.
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