One mile of Ocean Front, One Incredible Real Estate Development

Multi-Billion Dollar Agreement Signed With Oman

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Message: Omagine advertisement

Clever twist on words! Whenever I hear "SEDA" I think of Passover. Here's hoping this opportunity doesn't pass us ... over.

I was thinking about all of this the other day when I had a thought (Quick! Alert the media!): The last communication we had from management was around 1/24 (just over 2 weeks ago). At the end of Frank's letter that was shared in the 8k, were the following:

"You will note that 100% of the issues in the Charts and raised by the October MOT Letter are settled and agreed by MOT and Omagine. So, I believe we have completed everything now and we can move forward to signing the DA and beginning the development of this exciting tourism project.

We look forward to meeting with His Excellency and yourself as soon as possible in order to conclude and sign the Development Agreement for the Omagine Project.

Upon MOT’s confirmation of its agreement with the enclosed, our attorneys will promptly deliver to you, for MOT’s review and approval, the final draft DA showing any necessary changes required."

Given management's increased communication with us, I believe that we would have heard from them if there were any hiccups with the above. Does anybody (besides Gibby), think it unreasonable to believe (hope?) that no news is good news (since 1/24) and that we likely will hear the music our ears have yearned for ... shortly?

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