Omagine Inc. (OMAGQ)

[Welican]

Ummm that filing yesterday was NOT informing us that someone bought shares... That was informing us that someone had been issued shares and due to the fact it was such a significant portion of the companies outstanding share count, a filing was required.... Read the filings... As it stands now, this company is in a world of hurt if they can't line up some financing ASAP... IMO, Proxy statement will be coming soon to authorize the increase in authorized shares to a large amount in order to pay off they toxic debt.... Not bashing at all, simply laying out what is black and white in the filings...