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.