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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Re: Low of $0.27 on volume....Ouch!

Posted by: sstnow on April 02, 2008 01:16AM

In response to: Re: Low of $0.27 on volume.... by Eman

The market sell of to 27 was because we reached a deadline-end of Q1 08

The deal was supposed to be finalised by Q1 08 and that triggered a bunch of folks selling their stocks.Somehow it came back to the mid 30's but its possible that another sell off could bring it to the teens.

The good news is that they have been updating with their little SEC filings here and there and there has been some insider buying.

Curious to see where this thing ends up in a few months...

Still holding to my position

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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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