One mile of Ocean Front, $1.6 Billion , One Incredible Real Estate Development.
OMAGINE INC. THROUGH ITS WHOLLY OWNED SUBSIDIARY IS A REAL-ESTATE DEVELOPMENT, ENTERTAINMENT AND HOSPITALITY COMPANY FOCUSING ON MIDDLE EASTERN DEVELOPMENT.
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Peace of mind

Posted by: investor123 on July 29, 2008 09:38AM

They say the only sure things in life are death and taxes... However, teh fact of having the Sultan investing in this project makes it almost a certain thing that the project is a done deal. Does anybody really believe the Sultan would invest in a project, put his own personal name, if he did not have the certainty that the project was going to move forward?

The problem with the stock current value, besides the market overall situation, is OMAG's historic lack of accuracy with time frames... But with the Sultan and other major local businessmen investing in the project, Omagine should be a reality very soon, and a very lucrative invesment for those of us who have patience.

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Executive Address
Omag-drohan-ea
Frank J. Drohan
President and CEO
June 28, 2007

President and CEO Discusses Omagine Development  in an interview from Oman

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