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.
The Company continues to believe this statement to be accurate as there are no issues outstanding and all parties - including the Omani Shareholders - are desirous of signing the Development Agreement as soon as possible.