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.
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no news is good news?
Nov 14, 08 10:11AM
I don't know if no news is good news. I realize you don't want to issue a press release for the sake of a press release but by the same token there hasn't been a whole lot happening. any progress here?