Help Identifying this.....Cheap tat or middle of road?

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if you are able to post additional images readers should be able to give further details regarding this machine

appears there may be a "MADE IN ITALY" transfer at the base of the seat tube; chainset and headset also appear they may be Italian products from the firm of OFMEGA

the aluminum fork crown cap is an item almost never seen on Italian products which makes the combination of details puzzling...

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Alas the owner of the bike isn't replying, so it looks like it could be a dead end.
 
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