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That's just a BS excuss, they could answer your questions and post the whole correspondence on the website for all to see...
I think we will see more of this as the money runs out and looming legal issues compel everyone to get as far away from the company as possible.
Yep!!! As real as any of the other reverse splitting and name/symbol/industry changing pink sheet companies
This is a game the mm's play to gain interest in worthless stock with low volume. They sell a very small amount to themselves for a massive loss at the end of previous trading session, then buy it back at regular price next day just to create a large % gain. The manipulation is designed to show up on penny stock lists as a hot stock to sucker more buyers in...
And even if the codes were in demand, why would Apple buy out a failing company that is massively in debt when they can just wait and buy the patents out of bankruptcy for pennies on the dollar?
Only if they change their name, get into a different buisness, and do another huge reverse split.... Like they did last time...
Well here we are... ZERO bid... even with all the new pumpers trying to sucker people into buying this junk. That should just about do it, bankruptcy imminent IMO.
Another R/S will likely be denied, regulators are cracking down on that crap.
IMO, YA isn't the problem, never has been. It's the incompetent management with a poor business model that is to blame. Borrowing more then can possibly be payed back and paying salaries that are unwarranted and unsustainable will destroy any company. NEOM did this to themselves...
Lol what a scam. This single filling should really be the nail in the coffin for neom's debt driven and investor funded business model. The end is near....
Sticky this filling and warm anyone that comes here looking for advice.
He has to sell more stock to pay for the advertising. Once the pump is over and the dilution continues we will be back down under $.0010 with all the bag holders complaining and the pumpers long gone...
NEOM to the moon now eh? With everything that is wrong with this company ? Im betting it's down to .0005 in 2 weeks, but hey, I hope I'm wrong ! lol good luck
In the same release he used monster (MNST) as an example of a low value drink stock ($.50) that made it big ($80). If BBDA had the same success as monster, and the numbers he quoted for BBDA and monster are accurate, then BBDA's price increase of 160 times would made it worth $.16 at current shares outstanding. If shares were reduced to monster's level, for an accurate value comparison, rough numbers makes BBDA worth $2.50 to monster's $80. Or at todays monster price, $1.90 BBDA to $62.00 monster. This is only IF BBDA has the same meteoric success. It's just another example of the typical crap that comes out of this guy's mouth...
Except with the way this company has been managed, stockholders get screwed both when the company does poorly AND when it does well...
So as far as equity is concerned, the companies health is irrelevant, it's a lose-lose bet for investors
Do you guys really believe companies like McDonalds don't do any DD on its business partners ? With so many alternatives, most of which are are all better choices then NEOM, why would a successful corporation be even remotely interested in dealing with a company that has a horrible business model and is on the verge of bankruptcy ? Unless it was at no risk to McDonald's and thus no benefit to NEOM?
And a buyer or big investor out there interested in NEOM? Why would anyone throw that kind of money at a company with patents worth only a few million at best, a monthly balance sheet that is constantly deep into red, and 50+ million in debt?
It's like you guys think some idiot with a big bag of money will come save the day. If anyone really wanted the patents they would wait and buy them out of bankruptcy for pennies in the dollar...
NEOM is, at it has always been, a get rich quick scheme. They came up with a real/sellable product to establish legitimacy then proceeded to divert all the money from investors, and what little business revenue they had, into their own pockets. It's a liberally run company that never adhered to responsible budgeting.
They borrowed and spent as much as possible regardless of what could actually be repaid. When it became clear that the spending could not be sustained they just shifted the burden of repayment onto new investors and gave themselves raises.
None of what is happening now is about saving NEOM for the sake of investors, or the dream that is NEOM, it's about protecting the cash cow for management at any cost.
So why stop the gravy train? Well id say for the sake of revenge, because I hate liars, but at the very least its about stopping them from screwing over anyone else.
Those of you worried about your investment and want to help keep them going, just think about the high probability that this time next year your current investment will be worth 99% less... Your money is already gone, one way or another...
I got a kick out of that PR. So they found a guy that is involved with coca cola in Poland, and does business in Europe Africa and Asia.
Awesome, but there are how many directors in coca cola ? Hundreds? And how many also have business in Europe, Africa and Asia ? At least a few dozen ? And of these billions to be made in beverage sales how much will bbda make? less the .0001% of that ? And how many big companies have their eyes on relaxation drinks produced by bbda? None ? And how many beverage companies of any kind in the sub penny range have been bought by the big boys? That's right, none...
So much ridiculous speculation, twisted implication, and false value of BBDA in that PR, made me laugh out loud. What a scam...
Ah yes, my NEOM predictions last year are coming true. R/S has been approved. They will now dilute again to .0001 and then likely file bankruptcy around this time next year.
I still have no idea why anyone would lend so much money to a company with little to no ability to pay it back... Unless YA knew they could make the money back by selling shares and then eventually gaining rights to NEOM assess in an inevitable bankruptcy?
And there won't be any more Microsoft sized deals in the future. No one in their right mind would sign any deal with a company obviously headed for bankruptcy.
Lol this company is junk, even at this level the stock it is overpriced. From the beginning it has been and always will be a get rich scheme that involves racking up massive debt to pay outrageous salaries until it finials goes bankrupt...
My guess is this goes down to .0002, followed by a 1000/1 rs. Then down to .0002 again before bankruptcy lol.
Wonder how long that $35000 wall at .001 will last...
Looks like the conversion dilution has stopped until after the R/S.
This is the bottom, big bounce coming, charts look good, time to accumulate, loading the boat, get in while you can, huge potential, great buying opportunity, to the moon !!!!
Ya right... the pumpers have been pushing that crap constantly, all the way down from $.01 :(
R/S coming, followed by bankruptcy. Don't fall for all the BS, get out while you can !
Lol I wonder if they promised YA an R/S in return for the extension...
I certainly predict a bankruptcy, but have no idea when. All I know is that statistically, 97% of the companies with the financial numbers similar to that of NEOM end in bankruptcy. Will they beat the odds? Guess we will see
I'm just curious who is soaking up all these shares, good that its happening I guess :-/
I fully expect this to go under.001, followed by a R/S announcement :(
Its not that they don't care, its that they have limited resources and bigger fish to fry. BUT, they do take on these small fish from time to time, especially if there has been other legal actions taken, ei lawsuits, and a bunch of evidence already in the system.
I doubt there will ever be a buy back. With the kind of dilution we have seen in the past it has already been established that stockholder value means nothing. Buy backs are very rare, for any stock, and pretty much non existent with penny stocks...
And if for some reason BBDA needed a higher stock price, to sell the company or get onto a better exchange, a R/S would be much cheaper...
I was ready to buy $5,000 worth of shares if SR was removed...
Sooooooo... do you think Chris is gone? that his letter was rejected by everyone else in the company, and SR is still in charge?
Loved that letter BTW lol
IF SR was removed, I would expect the stock to rise :)
Just make sure you record the call, you may have an opportunity to use it in court someday lol
The point is that we have no idea what the float is, because we have no idea what the company has been doing since its last filing. If the company wanted to stay legit they would have kept up with the filing and perhaps done an audit. But of course they did not do any of that because it would have exposed all the things they have been trying to hide from the BIG money investors, many of whom were personally suckered by Brian and Scott...
Of course everything I say about PDOS is just my opinion :)
My guess is that most of questions shareholders have, that were brought up on this board and acknowledged the PR, will not be answered, and any answers you guys do get will be vague. They have to be careful not to give the law suit more ammunition. But it should be fun to watch some of you people fall for a new round of BS lol.
Looks like the selling has stopped... For now...
These banks are far worse off then when they were first taken over. They will never again be capable of standing on their own...
My guess would be overvalued. The patients may be worth something in bankruptcy, which would likely be a complete stockholder wipe out. NEOM currently holds a 97% chance of bankruptcy. It's just another example of a good idea destroyed by horrible financial management :(
FYI Bankruptcy Probability based on this site...
http://www.macroaxis.com/invest/ratio/NEOM--Probability_Of_Bankruptcy
LOL !!!!! Doesn't matter what you say, these clowns wanna believe PDOS is a gold mine... or at least get others to believe it, after all they gotta find some other sucker to buy their worthless stock :(
But i could be wrong, PDOS may defy space and time to pay off BIG, but i doubt it...
Your right, the company is definitely worth $550 million lol... NOT