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I KNOW they dont HAVE TO, but they sure WILL. NEOM is going to be forced to jump neck deep into this mess. Do you really think for 1 second that they will just sit and watch the fireworks without being involved? NEOM management is 100% involved in this mess. IMO
NEOM management and YA are in this bed together. As long as NEOM personel are getting a paycheck, they will side with YA because YA will tell them to. IMO
sorry, dont get your point. Explain please.
Thanks
any way you look at it, somewhere, sometime, NEOM must have an attorney/firm involved. not having legal representation at NEOM is just plain foolish and irresponsible.
P.S.- of course NEOM is going to be involved, YA is where their paycheck comes from. NEOM will not sit on the sidelines and watch. IMO
never said they did, but they do have to be involved whether they want to or not and it is going to be very very costly.
NEOM does not have the option of just ignoring the suit and they dont have the money to retain an attorney. Hell, they couldnt even pull together a few thousand dollars to hold a SHM as they said it was too expensive.
sit and wait, I wont sink another penny into this P*S company.
I am still waiting to find out about the next round of funding that we should have heard about by now. IMO... its not coming.
hahahaha... thanks for the laugh.
This is a serious question. Any ideas?
any ideas as to how NEOM is going to pay for the legalities of the lawsuit? I know they have to give a response soon, but how are they going to get a good, reputable firm involved without paying a HUGE retainer? Our dear, beloved NEOM is broke and YA is not going to lend us money to retain an attorney to go after their crooked a**es.
What happens if NEOM cannot afford to respond to the suit?
so how long before NEOM goes before the judge and says they cant afford to pay any money towards this suit? NEOM is broke and I am wondering how they are going to pay a law firm. No attorney/firm is going to take this case on without a HUGE retainer and NEOM doesnt have the coin.
just an FYI... the effects of the lawsuit and its consequences have not even shown their ugly head yet. Just wait.
I may be playing the same game with you. Might as well join the crooks (YA) and get my money back. This stock will go no where but down and I might as well profit from it.
this has been a catastrophe for years now. how can you see otherwise? The facts prove this to be the case, no spin necessary.
you think a week from Monday we will be at $1?? Thanks for the Friday night laugh.
traction in a NEOM sense, NOT real world business sense. I know, huge difference. :)
not fearful at all, read my posts instead of listening to the herd. I have said NEOM is a pure gamble for quite a while now.
I am down close to 99%, but there was at least starting to be a glimmer of hope. That is gone now. IMO
care to expand? what will this lawsuit succeed at doing? DETAILS PLEASE. So you really think YA is going to just fork over millions and millions of dollars without one hell of a fight? This case will take years and years to get anywhere. By that time, NEOM will be gone (bk) and the only ones that will make any coin will be the lawyers.
YA will chuckle all the way to the bank as they sell NEOMs (YAs actually) IP to the highest bidder and move on the the next fleecing of investors. IMO
What is happening with the PPS is a clear sign of what is coming.
Hey any idea about that funding agreement we are waiting on?
......"even plead that you try and take a step back and look at this suit without thinking only in terms of defending your stated opinion of it and realize that this was a product of some brilliant minds both investors and attornies."
I am sorry, but if the "brilliant minds" (investors) that Claw consulted with are the same "brilliant minds" that didnt want to pay attention to what was happening years ago and have over and over and over defended YA and the NEOM management/BOD until recent, NO THANKS!!!
the posts that should be directed at Claw are directed at Claw and the reason is that he filed this suit at the wrong time. IMO
just look at what is happening to the PPS since the suit came to light, has it gone up?? IMO, this suit just sealed all of our doom, we at least what we had left in this POS.
Claw is a big boy and he knows that by filing this suit he was going to get heat, he is a lawyer and knows how it goes.
I know that StantenIsd, I put an LOL in there for a reason. :)
However, I do wonder if Maxfield Fulton, Analyst, Auster Capital Partners is a real analyst. :)
I have never said that YA should not be persued, have I? What I have said is that this was the wrong suit at the wrong time.
Where have I been? Nice try, as long as I have been posting here, I have been posting about the evils of YA, have I not? I am not one of the crowd that has just found religion, I have been screaming that YA is crooked and that the NEOM BOD sucks for a very long time.
got to wonder if Maxfield Fulton, Analyst, Auster Capital Partners is even a real person and if such an interview ever even happened.
Auster Capital and YA having the exact same address, who would have thought. LOL
My guess is that YAs off shore accounts have been getting filled as of late.
no one has said he is RESPONSIBLE for this debacle (up to the lawsuit filing), but what I have said is that his actions will now seal our fate. IMO
"This lawsuit can only have a positive effect on NEOM's PPS."
Tell that to the market, we PLUNGED AGAIN today.
"If like a few on here claim that this lawsuit will be the death of NEOM either through YA's withdrawel or lack of revenue then it will only prove that NEOM was never going to succeed (and was always a dead stock)..."
So what you are now saying is that after all of the DD you claimed to have done in support of NEOM, you now have possible doubts as to whether or not NEOM has always been a dead stock? Interesting.
on that we can both agree.
couldnt agree with you more Cuervoz.
look at the PPS, we will pay (are paying) for Claws actions. Like you said (and I agree), we sort of had a chance before, now we are screwed!!!
Time to put a fork in it.
Thanks Claw.
BINGO!!!!!! YA is crooked, crooked, crooked, but they arent stupid. They know exactly what they are doing.
"I will respectfully disagree with lucky in that I dont blame the bringer of the lawsuit, he is the only one willing to take action and he is looking out for his investment, every much his right! "
TP, I have said over and over that the "bringer" has the right to do whatever he wants and did. That is not my issue with this, it is the manner in which it was done.
All shareholders should not have to pay the price for 1 "bringers" actions, but we sure will. Watch and see.
Shouldnt we be getting details about the next round of funding any day now?? Should be interesting to say the least.
well Claw, you can see from some peoples posts, they think you are going to bring YA to their knees and then NEOM will just magically spring forward to success. Its not going to happen. I know it and you know it.
This is going to be one hell of a battle that will take its toll on ALL.
well, I must say you are putting a nice happy touch to reality, but to each their own I guess.
1- they wont hurt their own finincial interest, they already have their mits on EVERYTHING!! The name NEOM is not of value, but the IP sure may be.
2- they will not be forced to be less piggy, with YA, it is their way or take a hike. To think that YA is going to take this lying down is just luaghable.
Of course he owes us all explanations!!! He filed a lawsuit that will affect ALL OF US!!! If you throw your hat in the ring, expect to get grilled as to the details.
Poptech.... you are correct, that is something I would love to hear. IMO, the downsides far outweigh the upside at this point in the game and I expect YA to accelerate the downsides affects as soon as they can possibly get their henchmen moving.
not at all, like I have said since day one, YA is scum. I have NEVER liked YA, EVER. However, this was NOT the right move to make at this time. Watch and see.
"I think a lawsuit will spend more money, and again enrich a third party (lawyers), and continue to postpone any notion that you investors made a mistake and compounded it as well. Maybe you should have flung a little less mud at people like me..."
You are right, the ONLY folks that will get rich is the lawyers. So how much are the lawyers going to take for their fee, 40%?? We all know they arent working for free and the only person that knows how the lawyers are getting paid isnt talking about it.
EXACTLY!! That is why this suit will only destroy the sliver of hope we had left. The NEOM officers and BOD are just as guilty as YA. IMO
like I have said many times, yes, he can do what he wants and did.
Cloud3... at least I have been very consistant (and dont go with the popular flow) in my views about YA and NEOM. My views and opinions will remain the same until I see a reason to change. So far my opinions and views have been pretty darn correct.
agreed Poptech. what has always driven me nuts is that it seems many want the fantasy, not the reality. There is not 1 soul at NEOM or on the BOD that should be there. It is just so interesting that so many are just now finally seeing that.
as much as I disagree with many on this board, I know for a fact, they could run NEOM better than it is being run now.
I would welcome the likes of JP, Sean, Claw, Jonesie and others to run the show.
this lawsuit will affect ALL ALL ALL ALL shareholders!!!
word it however you want.
like I said before, there will be severe consequences and as the consequences start to rear their ugly head, please dont complain.
I do agree that Claw can do whatever he wants and he has done that. However, when you are posibly dealing a death blow to EVERYONE invested, you better be pretty damn sure what you are doing and be ready to deal with the consequences that are bound to follow.
P.S. there will be severe consequences. IMO
Les.. you have no idea what you are talking about. Just because it isnt posted here does not mean it didnt happen.
At least I am complaining now and not going to be complaining like the rest after this lawsuit demolishes any chance for NEOM to succeed. Nothing good will come from this lawsuit. YA is now going to make us all pay for good this time thanks to the actions of 1 man.
no need at this point Personalizit, this suit will be the death of us, watch and see.
P.S.- I do get it.
Thanks for doing that, I have done the same. She has proven to be just ANOTHER POS that gets sucked into this mess and then turns into a YA puppet.
While we disagree on many fronts, we do agree about this.
thanks.
nope, not angry something was done, I am angry about the manner in which it was done.
this should have been a suit initiated by the shareholders AFTER forcing a shareholders meeting to voice our frustrations. If the forced shareholders meeting didnt work, THEN a lawsuit.
A suit that is filed (by one man) on behalf of the shareholders should have been run by the shareholders first. IMO