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: Shorts

Omagine

almost 10 years ago

in response to AltonG's message

ALTON , man oh man, that was your fastest reply EVER. I was not bragging;I was PREVARICATING!! With a touch of wishful thinking. For a mere $25,000 any of us could have bought 1/2 million shares when it was selling for .05/share. (Granted the price would have risen as we bought, so maybe, just maybe, it would have cost $50,000. At the present price of $2.75 those shares would be worth $1,375,000. Now if we take just 1/2 of your projected book value...I'll let you do the math,---Bill-- (DREAMING) . Now all of you stop reading this jibberish and get on the horn with your brokers.Once you do, we shall all enjoy "up" days for the rest of the week. Then once we get the land on the books (250 acres of beach front) that will spawn another leg up etc. etc.etc.etc.