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it is sure going to be interesting to watch all of the praisers of this action quickly turn to PO'd bystanders.
YA will let NEOM wither on the vine thanks to this action. IMO
Couldnt agree with you more Sean.
why should she have to go? Isnt she the one that we have been told over and over, is using all of her connections to get NEOM going and that it was no big deal that we never heard from her or about what she was doing???
Sure is interesting to see all of these flip flops on YA and the BOD. YA and the BOD is doing the same damn thing they have always done...... NOTHING!!!!!!!!!
AMEN POPTECH!!!!!! AMEN!!!!!
I agree with you 100% and you are right on the money!! This has opened up such a can of worms and the results are going to be bad for us all.
This suit has put the law of unintended consequences into motion and we will all pay for those actions.
"If the suit succeeds, all profits that YA is required to digorge will be paid to Neomedia."
Of course what you ment to say was after the lawyers get their money, NEOM will get the rest.
What is the arrangement with the lawyers by the way? How are they getting paid? Hourly? Taking a huge chunk? Free
It would be nice to know the details.
did you not notice the "IF"??
"NO need for financing if YA's plan is to stop funding NEOM so that they can take all of the IP, dump the shareholders and sell to the highest bidder."
This lawsuit will now force YA to make a drastic stand against NEOMs shareholders and I believe that action will be no more funding.
I agree, we all have rights and can exercise them as we see fit. You also have to be willing to accept the consequence of your actions. (or shall I say we all will now be forced to accept the decision a court makes based on 1 persons lawsuit.)
Do you really think YA is going to throw one more penny at NEOM? Seriously?
This suit is NOT to make sure all is kosher, this suit is to extract pounds and pounds of flesh from YA and force them to give back ill gotten gains back to 2004!! YA will not take this lying down and we will pay the price.
YA is a bunch of crooked scumbags, but we (I) knew that from day one!!!!!!!!!!!!!!
I agree that taking on YA is the right thing to do, but this was not the way to do it as now, YA can just stop the funding process and NEOM is DEAD!!!
I have lost more than $30K in this nightmare so far and I know others have lost much much more.
You can call me a whiner, but at least I have been consistent about my dislike of YA for years. My eyes have been open since the day that YA got involved. I am not one of these guys that finally opened their eyes a few weeks/months ago. (the circle of trust)
It would have been much better to FORCE a shareholders meeting (or have an online petition) and we all show up to voice how pissed off we are and if that didnt work, then go the lawsuit route.
The way this was done will only give YA many reasons to let NEOM go under and screw the shareholders. YA will cease to fund NEOM from this point on (IMO) and they will walk away with the IP and no shareholders.
This case will take years and years to get anywhere.
hahahahahahhahaha....... thanks for the humor Sean.
IM is a YA stooge and he will never bite the hand that signs his paycheck.
they dont, but now it will be just flat out screw the NEOM shareholder.
Before we sort of had a chance, now we are totally screwed IMO.
YA will now just let us wither in the vine and they will move on to the next act.
Well, I along with many others were waiting for and had voiced our support of going after YA. The problem we have is that a CHOSEN FEW (who are these folks?? I can guess who they are.) are speaking for ALL OF US!!! Thats not right.
This was not the way to go after YA, we needed the masses behind this action.
Like I said before, can you even image the ANGER that would be posted here (towards me) if I (luckyrabbit) had done this exact same action?? Folks here would be screaming and threatening me with legal action and saying I had just ruined the company.
Why has no one else come forward as being a part of this besides Clawmann?? Stand up and be counted if you are involved.
yea Les, that makes alot of sense..... keep funding the company/shareholders that are about to legally kick your a$$ (and with good reason).
YA has EVERYTHING (due to default) and IF they survive the lawsuit, it is ALL theirs. Do you really think they will have any love for the shareholders after this? NOT A CHANCE!!!!
Bill, our board is nothing more than YA puppets and you know that. They will do nothing for the shareholders unless YA says.
They have shown over and over that they are worthless.
I sure hope you arent expecting that to actually happen.
the bold is NOT for you, it is in reference to whom you confided in. I know that you have always been a straight shooter in regards to YA, thats not what I have a problem with.
I want to know whom you have in the circle of trust and if they represent my views. A lawsuit on behalf of ALL shareholders is a big deal.
Bill, I am glad something is getting done, but this was not the way to go about it. There is strength in numbers and an elect few is not strength. (if you confided in the YA/NEOM can never do any wrong (until recent) crowd on this board, you have done me no favors)
If you were YA and this action had been filed, would you continue to fund NEOM??
well JCG, lets all hope and cross our fingers that the result of this lawsuit is positive for us shareholders.
all we can do now is wait and see what happens, there is no other choice in the matter as the courts will decide the outcome.
I sure hope lady luck is on our side.
JCG... we would not be in this mess IF this action was taken years ago like me and many others wanted to have happen. I have followed this board for years and up until recent, YA could do no wrong (even when they were doing wrong).
What would make me satisfied?? Getting back my $30K+ invested in this nightmare. This legal action is only going to piss off YA and if you think you are going to get anywhere near your initial investment back, you are dreaming. This is going to take years and years to get anywhere.
IMO, YA will not lend/loan any more money to NEOM and NEOM (shareholders) are screwed as a result of this legal action.
Instead of death spiral financing, we now also have death spiral lawsuit. What are we going to do next, sue YA for no longer funding NEOM?
I agree YA is crooked and something needs to be done, but this just slit our throats.
Can you even imagine the outcry if I (luckyrabbit) was the one that initiated this lawsuit on behalf of ALL shareholders?? Even if the terms of the suit were 100% exact, I would be getting crucified and treatened with legal action from all fronts and told that I just destroyed EVERYONES chance at seeing NEOM succeed.
YAGI is going no where. Why would they go anywhere, they OWN EVERYTHING!!! Everything that you think is NEOMs is actually YAs property.
It is not an open and shut case if YA decides to no longer fund NEOM due to legal action from some shareholders. YA may say.. screw it, we have put up alot of money and we sure as hell wont allow the shareholders to do this to us. NEOM can flop, YA still keeps EVERYTHING!!!!
well, I am now, but NOT in the manner in which I would have liked.
It appears that we will all either sink or swim according to what happens with this lawsuit. I dont like the odds.
If Claw wins, we all sort of WIN. If Claw loses..... we all LOSE everything.
YA may now just say screw it, let NEOM go belly up and walk with the IP and wait for the suits outcome.
If I was YA, I would not sink one more cent into NEOM...NONE!!
Thanks for the reply and sorry for all the questions. Like I said in my previous post, thank you for doing this, you are a big hearted man. I guess it just pisses me off that I am not participating in this action. You have my support and I hope those SOBs pay dearly.
Nothing would make me happier than to finally get YA by the $#@@& and have them be forced to pay for the crooked way in which they operate.
Good luck in this action.
so then just to be clear Bill, you and a few others are footing the legal bills (and all of your time and efforts) to share the spoils with everyone? (even those limp noodles that have done nothing and deserve nothing??)
sorry for being a skeptic, but you and I both know that this is not the way attorneys think or operate.
If this is the case, you are a big hearted man, and I truly mean that.
sorry for hurting your feelings Bill, that was not my intention.
good luck.
spoken as a true attorney. Thanks.
Of course you are only doing this for the little people like me. (so who is paying the bills for this action? If this is being done for all, why are you and a few others footing the bill? Kindness of your hearts?)
The fact that you got so offended by my simple question certainly raises my suspicions.
Hell, if I was the only one being pro-active, I would have no problem stating the fact that I lost my @$$ and I want my money back and I am going to do whatever it takes to get that money back. No shame in that at all.
No reason to get so offended by a question that could have been answered very simply.
Good luck to us all, even those of us that werent included in the circle of trust. I can already guess who you included in your circle and sadly, they are the ones that have been so so wrong year after year after year.
what you dont seem to understand is that YA OWNS EVERYTHING!!!!! NEOM can do NOTHING, all shots are called and played by YA.
Even if NEOM wanted to, they cannot get rid of YA. EVERYTHING that made up NEOM, ie patents and all IP is now YAs property due to the fact that NEOM cannot repay any of the debt.
Bena is a paid hack and she wont post anything that YA doesnt give the green light to.
Just curious Bill why you have not involved all of us that have wanted to be involved with going after YA/NEOM? Are you trying to make sure that you get your money back before any of us get ours? Just odd that you would go this alone when so many have offered to be involved.
agreed Arpvrp!! The writing has been on the walls for many many years. Those that sunk in more than they could afford to LOSE have learned some very valuable lessons:
1) DONT INVEST EMOTIONALLY AND DONT INVEST MONEY YOU CANT AFFORD TO LOSE, ESPECIALLY IN THE PENNY PLAYS.
2) BE CAREFUL WHO YOU LISTEN TO ON AN ANNONYMOUS MESSAGE BOARD.
3) YOU HAVE NO ONE BUT YOURSELF TO BLAME FOR YOUR FOOLISH INVESTING.
wrong time is the understatement of the century.
I sure did, I have been in this nightmare for almost 5 years. This was my first and last penny play.
this will NEVER make it on to GOMONEWS.... NEVER!!!!!
NEOM pays money to Bena and she will never bite that hand.
woooops......I spoke too soon yesterday.
We will never see todays PPS again. Load up!!
Iain.... YOU SUCKS AS A CEO!!! YOU ARE A HUGE LET DOWN!!!
let me guess, we will never see these prices again??
who cares if they are a licensee, that ISNT paying!!!
NEOM has proved over and over that they dont know $#@& about licensing.
careful Sean, soon you are going to start being called a basher. :)
P.S.: welcome to the dark side...we have been waiting for you.
P.S.S.: Iain, you suck as a CEO!! Your disregard for the shareholders is sick at best.
King... do you know how often we have had new guys like you show up... say the same thing...... then leave??
Those of us that have been here for many many years have only hope to hang onto an nothing more.
Why not leave? Simple. I have already lost 99% of my almost $30,000 investment. Might as well wait and see what happens to the other 1% I have left.
NEOM should be a mining or drilling company, it seems all they know how to do is go DOWN!!!!
I guess they could be a military contractor that makes TANKs.
Iain..... do you not ever think to talk to the shareholders?? Has your replacement been picked yet??
it only bodes well IF Mobile Tag is actually paying a meaningful amount to license the IP.
now should we act surprised that we are in the red again today??
just lock clockwork day after day after day...........
not sure I fully undrstand what you are saying, but dont fool yourself. do you know how many times over the past 5 years we have heard that we will never see these prices again...... then we go even lower.
exciting news must have $$$$$$$ attached or it is not exciting.
I think many on this board fail to understand how a REAL business is run. The way NEOM is run is so far off, it is sickening.
Also, is it really a "Foot Shooter Club" when the stock has plunged some 95%? Those type of comments hold about as much water as a sieve.:)
there you go boys, keep screwing with the stock and get in a few more suckers. anyone want to bet we close at very close to where we started this morning??
Oh the games being played..........
les.... I judge based on performance/actions, NOT on MEANINGLESS words.
I very clearly remember many here, you included, saying that YA would NEVER try to take control of NEOM and for sure NEVER call them on default to get their hands on the IP and everything else. Need I say more??
YA has recouped much of what they invested and taking the IP private and then reselling it will reap them pleanty of cash.
DISCLOSURE FOR LES......EVERYTHING I POST IS MY OPINION UNLESS STATED OTHERWISE.