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: April 1st 10-K Update

Omagine

over 11 years ago

in response to AltonG's message

I agree AltonG, the RCA is definitely turning the heat up. They have a lot to gain as well.

Remember the story "Ground Hog Day ", had a conclusion. I doubt that the MOT wants this to go all the way to someones mother. She doesn' t have time for her departments...I mean her children to not do there job.

Too many Days...Too many Excuses...Too many people in and out of positions. I believe Frank can probably set back now...IT WILL HAPPEN.