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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in response to Get Irie's message

GI, one comment from a shareholder-not a board member. Your point #3."Valuation of Usufruct rights-----will allow SHAREHOLDERS to calculate to the penny the VALUE of the shares that they own.......?. Doesn't "The Market" determine the value of the shares? Perhaps you are referring to the "book value" which Alton calculates on his abacus---and not necessarily "the actual value of the shares"-- Lookin' for clarification ---Shareholder Bill.

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bill4810
City
Holland, Pa.
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04/13/2009
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Omagine
Symbol
OMAG
Exchange
OTCQB
Shares
20,799,937 as of 01/04/2017
Industry
Bricks & Mortar
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