Form 10-Q filed today for the period ended September 30, 2015 reflect a $431,168,400 increase in stockholders’ equity and a $287,445,600 increase in non-controlling interests in its 60% owned subsidiary, Omagine LLC
Omagine LLC is developing a $2.5 billion tourism and real-estate project in the Sultanate of Oman and the increases are attributable to the purchase by LLC in July 2015 of Land Rights in Oman valued at $718,614,000.
it's about time these guy's got something going. I can't believe there wasn't more of a management change after bellavista. they have the nerve to say what wonderful job they did shutting down bv. great job guy's for takeing a promiseing company and pounding it into the ground during the best gold market in thirty years.they can blame it on mother nature all they want, it's obvious to me very poor planning and a lack of insurance is responsible for bv and a lot of there exploration projects in the past.anyway onwards and upwards boys this stink finger is for you !!!!!!