Has the land been transfered to Omagine ? No land , no collateral no financing.
Alton you asked who would be selling at current prices. I have . I have held the stock eight years and have bought and sold through out that period . Keep in mind that the stock traded over $ 4.00 at one time . Last December I made my last purchase @.80. So $3.00 is not a bad profit. ps. I always hold back shares for the very long term.