One mile of Ocean Front, One Incredible Real Estate Development

Multi-Billion Dollar Agreement Signed With Oman

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Message: Filing Today

Thanks, JB. Did anyone also notice that the warrants have been extended to YE 2015 (good)?

"When originally issued in March 2012, the expiration date for all Strategic Warrants was December 31, 2012. Because of the extended delays encountered in signing the DA with the Government, the Board of Directors subsequently resolved on three separate occasions to extend the expiration date of the Strategic Warrants, first to December 31, 2013, then to December 31, 2014 and then again to June 30, 2015. On January 5, 2015, pursuant to a resolution of the Board of Directors, the expiration date for all Strategic Warrants was extended for a fourth time to December 31, 2015. All other terms and conditions of the Strategic Warrants remained the same. All Strategic Warrants expire on December 31, 2015 unless redeemed earlier by Omagine upon 30 days prior written notice to the Strategic Warrant holders."

The SEC has to approve the extension, but that hasn't been a problem in the past.

[bolding my add]

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