Omagine Inc. (OMAGQ)

[Welican]

Lamen's terms- he is the guy who will be dumping approx. 2.3 million shares into the market.... Without knowing what 60% of the WVAP of the 3 lowest Trading days over the last 20 day period is, I don't know what price they converted those shares.... Let's assume they got those shares at .02 a piece... Well they are owed $185,000 so 2.3 million shares at .02 a pop only equals 46k... So once they drive down the price and flush those shares, they will convert again... Rinse and repeat....