Omagine Inc. (OMAGQ)

[Welican]

Answer:


* Reporting person John M. Fife is the sole member of reporting person St. George and the president and sole shareholder of Fife Trading, Inc. St. George has rights to convert a Promissory Note into shares of the Issuer’s common stock which, except for a contractual 9.99% cap on the amount of outstanding shares that St. George may own, would exceed the cap. Thus, the number of shares of the Issuer’s common stock beneficially owned by St. George as of the date of this filing was 2,306,999 shares, which is 9.99% of the Issuer's 23,093,084 shares that were outstanding as of November 13, 2017 (as reported in the Issuer’s Form 10-Q, filed November 20, 201