Investors Say Developer Misled Them On $1.6B Oman Project

One mile of Ocean Front, One Incredible Real Estate Development

Multi-Billion Dollar Agreement Signed With Oman

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Peter1

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Investors Say Developer Misled Them On $1.6B Oman Project

posted on Apr 13, 2019 09:42PM

https://www.law360.com/media/articles/1149380/investors-say-developer-misled-them-on-1-6b-oman-project

Does this mean the project is officially over? If so, it might make sense for Omagine to sue the Omani government. Just to prevent bad press... If OMAG can get $5M (just a random number), the company would have a liquidation value of 20c per share.

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