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: 10q

Omagine

almost 12 years ago

in response to lebnjb@ameri's message

Thank you for your response .My initial reaction to the 10q was not as positive as you view it .You may well be correct ,however .I have been in this stock well prior to the reverse split,and have lived with all the delays .I really believe the govt does not want this deal or they ultimately want a bigger piece of the pie and we will have our shares diluted.We all have our own investment strategies ,remember ,the stock is at .40 pre reverse split