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: Financing

Omagine

about 9 years ago

in response to lebnjb@ameri's message

Hi lebnjb.

Omagine trades on the OTCQB, which is the middle tier of OTC Markets. OTC Pink is the lowest tier and OTCQX is the highest.

Unlike OTC Pink, OTCQB requires companies to file with the SEC and be current in all periodic reporting requirements.

It will be great when OMAG finally makes it to Nasdaq, but until then, at least it's not an OTC Pink stock!