Omagine

Dear stock_shark1,

Management replied as follows:

We are not qualified to comment on possible “potentially higher share prices”, so we therefore do not do so.

It is management’s primary objective to increase shareholder value for all Omagine, Inc. shareholders, whose interests we believe, are all aligned.

The possible equity investments referenced in our recent Report on Form 8-K are quite clearly defined therein as possible equity investments into our 60% owned subsidiary, Omagine LLC, (“Omagine”) and would therefore cause zero dilution to the shareholders of Omagine, Inc.

Regards,

AGORACOM