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.

Home Videos Research Press Release Q&A Discussion

Threads Posts

Management Sweeten the Warrants

Omagine

over 10 years ago

While we're waiting, I'm thinking about the float. How about improving the terms of the warrants Say limit to the number warrant to the shares held at time of signing and lower $10.00 to $7.00. This would generate alot mire cash than current terms, possiblal double outstanding shares and give us a biger stake in the fture of the enterprise.

I have more than doubled my shares since the crrent terms.