One mile of Ocean Front, One Incredible Real Estate Development

Multi-Billion Dollar Agreement Signed With Oman

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Message: Rebound in Oman mortgages

I said this before...although Omagine is a company, this is their only project. Have you looked at the balance sheet? The company has generated no capital and won't see any real revenue for many years. There have been numerous delays just to get this project started. Do you really think the construction aspect will run smoothly? Not to mention selling units? I also have concerns about shares getting diluted...remember the revese split a few years ago? I just don't see it going into the teens. Hopefully I am wrong and your are correct. In the mean time role one up and pass it my way.

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