One mile of Ocean Front, One Incredible Real Estate Development

Multi-Billion Dollar Agreement Signed With Oman

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Message: Omagine, Inc. - Excerpts from Form 8-K - May 18, 2015

NICK, looks like Frank has just put his $ where his mouth (and heart) is. $120,000 is $120,000 whether he paid it from his bank account or applied it to the reduction in the indebtedness owed Frank from the company.He could have held out until the company begins making money and grabbed the cash he was owed.This way, when the stock soars, that $120,000 will be but small potatoes compared to what the stock is worth. Some guys just know when to buy, BILL. P.S. another reason that he took the stock is that I'm sure he has noticed that I have been, not so quietly, accumulating shares and perhaps the old "control of the company" scenario was beginning to worry him!!

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