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 AltonG's message

I must be missing something, but when I purchased my shares of preferred stock, I paid $1.00 a share. I have to make $5. a share to break even. I didn't think the share price was more than .20 a share pre split, but I'll celebrate with you guys too, probably in a week or two if not sooner. It looks like a 26,000 bid size today.