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.
in response to AltonG's message

You are 100% correct BUT I have dealt with the middle eastern countries. Israe;. Egypt, Turkey. Moracco and they are all the same. When you have a winning argument they turn a deaf ear and start over again. When you say "weve already discussed that and lets move on" they call a break for 2 hours and sometimes do not return until the next day and apologize. when we are ready to start where we left off, they bring up different irrelevant points and HERE WE GO AGAIN. At that point either you give in and do the deal or walk away.

Let me tell you once I was at a meeting in Egypt and all is going well then a loud noise of glass breaking and we al got up to see what happened. A european buyer got so frustrated after their bullshit and threw a chair though the front of the buldings window from the second floor. Another time a south american buyer started a fist fight because of the same kind of crap.

Maybe thats an insight to what is Frank is going through. By the way all of the buyers have agent(s) from the same country. It just doesn't matter.

Basically, they couldn't care if we go forward or not, no sweat for of their asses.

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qwerty1029
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jersey city
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Omagine
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OMAG
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