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: RE: posting by Qwerty1029

Omagine

over 11 years ago

in response to qwerty1029's message

I have been reading these posts for many years without writing. After reading yours, I went to do the math on my shares. I don't have as many, but have been around long enough to have purchased preferred shared and remember when it was around $1.40 pre split. Doesn't it need to get to $7.00 to equal the $1.40 pre-split not $70.00? 1.40 times 5 is $7. I'm going to be depressed if $70 is really the answer.