posted on
Mar 07, 2017 09:23AM
One mile of Ocean Front, One Incredible Real Estate Development
Multi-Billion Dollar Agreement Signed With Oman
Message: Re: Facts
Jimmy,
In my post I am referring exactly to this minor problem you mentioned.
The big idea (as I understand it), to finance and build a $2.5bl development using unknown company (Omagine), with a tiny startup capital, and still retain majority of shares, may be a bit too optimistic. My four facts are still extremely strong element there, but sometime something's gotta give.
That is the reason my advice to the management was to pose for a moment, and have another look at the overall strategy . Not necessarily change it, but just have another look.
This amazing project does not deserve to fail.
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