Omagine

Company has signed a Development Agreement with the Government of the Sultanate of Oman. Omagine Owns 60%; Sultanate Owns 25%; Consolidated Contractors Owns 15%. Project to be developed on 245 acres of beach front land on Gulf of Oman. The estimated cost approximately $2.5 Billion. BNP Paribas To Lead Construction Financing Syndicate.

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Re: Let's see if we can break $2 today...

Omagine

about 12 years ago

in response to AltonG's message

Alton , I believe we'll get a nice bump at the signing, but then the fun begins: The re-evaluation of the land, the release of the Success Fee,the strong possibility of being listed on the NASDAQ (as long Charlie and Frank get their paperwork in order) once the price exceeds $5.00.share. That listing alone should open the doors to an extremely large number of players, both individuals as well as institutions (that were unable to participate in "penny stocks"). My point, as Keith Jackson, the former sports announcer used to say as an exciting play was occuring----" WA---- HOOOOOO----- NELLIE".------BILL