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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It's a whole new world out there.

Omagine

about 10 years ago

October 2, 2014, DA Day. A day of enlightenment, a day to remember, a milestone, an epiphany , all because H.E. the MOT finally signed the Development Agreement. Never again will we have to see the stock work its way deep into the 1 area. Thank you, Your Excellency.

For what it's worth, here is my perspective on what the future holds in store for OMAG.

1. From here on in the stock will not trade below 2 and descend into the 1 area as it has in the past.

2. From here on in it will be up, up away.

3. I don't know what Omagine's short interest figure is but when the shorts see the light and cover their shorts, it will help boost the price of the stock.

4. When Wall street gets wind of the gem that is Omagine the stock will soar on increased volume. The future is rosy.

5. On a risk-reward basis, it just doesn't get any better.

There's still time to Hop aboard.