One mile of Ocean Front, One Incredible Real Estate Development

Multi-Billion Dollar Agreement Signed With Oman

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Message: Oman Property Report

Q2 Report due out by 5/15 ... if not sooner. So we'll have an update during the next 2 weeks. Since we haven't heard anything, it's pretty obvious the MOT got their way and so we'll have a few more months while the conversion of the LLC takes places. It's getting close ... meaning to year end expiration of warrants. If the MOT gets signed late in the year, don't know how much time there will be for a run up. Perhaps mgmt would be willing to extend/replace the warrants at that time since it's an important part of the strategy to increase the float and to raise additional capital. Don't know why they wouldn't extend or renew the warrants. But it's clearly way too early to discuss that (even though I just did).

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