There was a post effective amendment, similar to a 10Q posted the other day.   I read trhat CCC is no longer in the picture, since a contract was not finalized.   They may want to take part in the different phases of construction if they choose.   Omagine is in the process of finding other construction companies, since there are many looking for work because of the economy, and it may work to their advantage to cut costs since these companies will be bidding on the job.   Omagine has enough funds for the first phase, and a committed investor and possibly two that will be in the mix.   Also Omagine is talking to a bank, which may also do some financing, and they have been talking to other banks in China, Europe, US and other parts of the world.   It also mentions that the land value may have increased and that the $718,000.000 may be a greater figure, and that some of the local banks may use it for collateral, but the national banks may not.  The financial advisor has not been chosen as yet, possibly the 2nd quarter, and the company is fast tracking the first phase in regard to the preliminaries.   These are just some of the things that were presented.  I would suggest to read, since it is very lengthly.