After reading the latest 10-Q, I became a true believer and yesterday bought a couple of thousand shares @ 1.05 (my family wouldn't let me buy more). These most positive pronouncements contained in the 10-Q were too strong for me to ignore, particularly the MOT's insistence that in constructing the Omagine Project, priority be given to the Tourism aspects. To me, if he were faking the whole idea of the project, this insistence would not have been brought up.

When I invest in stocks like OMAG, I like to weigh the risks and rewards involved. With OMAG, I see a risk of $1 with the stock growing 5, 10, 20fold. I'm willing to take that risk.

When OMAG hits 20, let's all take a trip to Oman and stay at Frank's luxury hotel... with free access to the beach.