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

Re: Shares Comment

Omagine

almost 10 years ago

in response to AGORACOM's message

Thanks. Just spoke with Schwab ... non-margin accounts, like IRAs, can not lend shares out. For taxable accounts, would need written permission from account holder. There were some other variables involved, but the above is the most significant.

Would be interested to hear from others what their brokers are saying. Be sure to tell them you're talking about an OTC, penny stock ... as it may make a difference in the answer you get.