Harrell, thanks for that great post. As IR for the company, we can't comment on the valuations you've projected based on future events - but it is very hard to argue with the following math regarding yesterday's investment:

Three partners in OMAG LLC paid $70M for 40%. That translates into an established founder valuation of $175M ($105 tagged to current OMAG shareholders, plus a $10M cash payment to OMAG - together totaling $115M, or about $9 per our shares.

Of course, this assumes the market properly attributes the full value, which may or may not happen ... but it is a good benchmark considering today's trading in the $2.20 range.

Regards,

George