TurningPoint

One mile of Ocean Front, One Incredible Real Estate Development

Multi-Billion Dollar Agreement Signed With Oman

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

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clarktwayne

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TurningPoint

posted on May 18, 2015 02:51PM

Could this be the turning point in the fortunes of Omagine? It sure looks lke it. The one-two punch of the signing of the Usufruct Agreement by the Minister of Tourism, as reported in the recent 10-Q, reinforced by the purchase of 100,000 shares by Frank Drohan, Chairman of Omagine, should act to propel the stock upward.

I can't explain the stock dropping to $1.20 last week in the face of the good news involving the UA and indications that everything was in motion for tulfilling the remaining requirements on he road to the Omagine Project. Frank, who knows more than most, must have recognized $1.20 as a bargain to add 100,000 shares to his holdings. I, for one, would be incline to hold onto his coattails on this one.

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