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: Is the 10K due today?

Omagine

over 8 years ago

in response to JB011's message

Thanks, JB. As expected, filing date has been extended to April 15 as accountants and auditors need more time. They are also indicating a 9% increase in the net loss (no surprise as expenses ramp up and no revenue...yet) over year end 2014. If anyone cares, this doesn't concern me. Once they start selling units (2017?), this will improve.

Back to my rock ... again.