Omega Commercial Finance Corp. announced that on March 4, 2016, the Company entered into various agreements with Mark Feanny, MD for a one-year, $500,000 loan, which was funded in full on March 11, 2016. In connection with the Loan, Dr. Feanny was granted the right to serve on company board of directors for a period of two (2) years, subject to extension in certain circumstances.

Dr. Feanny was appointed to company board of directors effective March 17, 2016.