In a statement, Omagine’s President, Frank J Drohan, welcomed the successful completion of the registration process as another milestone on the road to the implementation of the prestigious project. The company now has its sights on the on-important Development Agreement (DA) with the Government of Oman covering the design, development, construction, management and ownership of the Omagine Project. The draft DA, which has been approved by all of the relevant ministries, is now awaiting final signature, according to Omagine LLC.

“We see no impediment now to the DA being signed in a timely fashion. We look forward to beginning the development of the Omagine Project,” Drohan stated.

IT'S BEEN 30 DAYS - IS THAT TIMELY ENOUGH??? IF THE TIMELY FASHION CONTIUES TO PROLONG- THE STOCK WILL GO UNDER $1.00. BOY I WISH IT WAS SIGNED WHEN THE STOCK WAS IN THE MIDDLE $4.00 RANGE AND NOT IN THE LOW DOLLAR RANGE, IT WILL BE THAT MUCH HARDER TO MOVE UP.

I'M STILL OFFERING A PEN TO GET IT SIGNED