One mile of Ocean Front, One Incredible Real Estate Development

Multi-Billion Dollar Agreement Signed With Oman

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Message: Land as asset

Agree on all fronts. But one possibility regarding why Qatar and not Oman for the bank loan is that perhaps Qatar has offered better terms. At any rate, management DOES have a term sheet in hand ... so the loan should be proceeding, which triggers the first finance date which triggers cash infustion of $69m. [I know you know this already, just repeating it for our readers!]

I believe you also have your $5 and $10 warrants ... hopefully you'll be able to exercise those to great advantage!

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