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Not to throw a wet blanket on this NEOM had accounting change to get the NUMBERS you are touting. Look it up it is available. I can't wait for Q3.
Only way they know how to make money lawsuits? :(
Hello Wilma, Can they sell this turd for more than they owe to YA? I doubt it! :( Just go BK already help those investors that have major losses can always use the losses on your taxes.Seeing the money already gone. My as well YA diluted it to where it is now, any positive "Coming" need another big gain? It would need to be a buyout now as this has dropped so far that is ONLY option would be needed to make even some people whole again. I could see a buyer come in for around .01 cents a share now and that would be a real stretch? That would be a major jump from where it is now. I see some people talking needing a dime buyout that is a real leap of faith. The good dr got in at .04 cents those prices are memories :(
I think the BOD of NEOM would go BK before they sell to Scanbuy? I am sure their is a lot of PRIDE there and they aren't truly looking out for the best interest of the shareholders remember! Maybe the arrogance of the BOD are thinking they can pull a rabbit out of their hats so they can keep getting those BLOATED salaries. A BK or a sale to Scanbuy and the salaries will STOP they surely are not going to be NEEDED at Scanbuy as employees.
I am just making a point if you are going to get a stock to have a higher share price why not get it so it can be "FOUND" by some "INVESTORS / FUNDS" who can only buy $5.00 stocks? The authorized and outstanding are all mute if the stock goes BK because of the illiquid nature of it? It is now a "HIGH RISK" penny stock that how is the average investor going to buy it?? Still so much uncertainty it is a spec stock trading at a large spread - .0003 by .0004? The long term shareholders were going to be wiped out either way? Through the dilution of the shares they held or the "POSSIBLE" seizure of the company by YA?
I wasn't expecting a link just asking a stupid question I guess why not make it larger anyways? As for trillions, billions doesn't seem to make much sense when you are talking such a small market cap value stock anyways?
Pop I don't understand why NEOM selected a number of 1700:1 in the first place. If they were going to do a radical split why not make it large enough that it would have gotten the stock price to at least $5.00 a share? The 1700:1 wasn't even going to get it to a DOLLAR? They were already expecting an elephant to be eaten all in one bite? Just DO it as Nike says. :)
Find some BOD's that want to have a chance to make some SERIOUS money through stock appreciation. I am sure their are some seasoned veterans out there that don't need a BLOATED salary that are up for a challenge to turn a ugly duckling into a beautiful swan. :) I "THINK" there are even some CEO's working for major S&P 500 companies making $1 a year salary, but hold company stock. This is what they need at NEOM, not BLOATED FAT CATS that don't have a clue how to make shareholders wealthy! When this turnaround happens you will all make money. If this happens I would be sure to buy in again for sure! Right now NEOM investors are on the Titanic and there isn't enough lifeboats sad to say. NEOM needs new VISION not the same INSANITY you have and will have going forward.
I thought I saw a story somewhere they lost a whole lot of money on derivatives connected to NEOM stock, can't find it now. Did I see correctly $264 MILLION from your post totally different subject than what I am talking about?
I always thought YA wasn't going to allow a buyer of the company? What is there to buy old expiring patents? NEOM BOD have had that millstone around their neck for years? All NEOM has allowed was to have YA dilute the shareholders money into the ground because of the greed of the BOD pay salaries? Like Pop said if Laura would get a reasonable salary that money could possible hire some people to make the shareholders some money. Novel idea as an example to other BOD, Laura take a paycut issue you $250,000 worth of stock a year, all bonuses likewise in stock, and see if your motivation changes? Simple concept? BOD no skin in the game they are all salary employees so they don't see the shareholders point of view. As long as the Titanic keeps afloat they all get paid. :(
With all the diluting YA has done over the years converting shares to payments? All done on the back of the shareholders which we know no one at NEOM gives a rats a$$ about? You are still singing their praises? You have said before you have lost a few dollars on this investment yourself - I don't understand why you keep cutting them slack your money is GONE never coming back? You aren't one of the shareholders that dreams every night while lying in bed tomorrow might be the day the good DR SAVES US? His position also has been turned into trash. While you were inches away did you happen to ask Laura if she was willing to resign or take a paycut? What have you done lately for us shareholders?
Is this Dr the only hope you have for this company?
Hello All, I have some questions? I don't know if people understand me or not. I am trying to figure out some points. I might be interested in getting back in as a SPEC play.
1) YA doesn't want this to go BK-because a BK judge will force NEOM to sell patents to be paid?
2) BK Judge might side with shareholders giving us some crumbs that have seriously lost money on NEOM as an INVESTMENT?
3) IS YA prohibited from DILUTING the shares more?
4) What are the chances of acquiring shares at .0003 a share?
5) What difference is it if YA fores them into default or BK to me as an investor?
6) Can YA's friends sell this short?
Wilma If YA sells off the patents that they will ACQUIRE through the BK of Neom cover the debt owed to them? Also didn't they make enough over the years through dilution to call it square or are they after ever last dollar? I would love to see YA shoot their selves in the foot so badly that the SEC FINALLY does their JOB and closes YA for GOOD!!! One last point how can anyone yet buy into this UNCERTAINITY of a possible YA forced BK they hold all the cards yet?
Phoenix she has to keep pumping the positive as the negatives are reality. Do you see that big white light coming at you that is reality, as the train rushes down the track at full steam. The voting down by shareholders sent a message to Laura close the doors. She is inept and so is the rest of the BOD for not firing her when the stock price was MUCH HIGHER! She needs to fall on the sword and GO!!!! I realize she was in a tough spot over the years but the dilutions by YA should not have been allowed. The shareholders of old lost 99.99% on there INVESTMENT on her watch does she care? The answer is obviously NO! Now that the shareholders have spoken close the doors by voting down prop 5 and 6 get it over with so we can write off our losses when the company files BK.
Don't worry about YA they will get paid. Even YA forces them to close the doors I am sure they can get the patents, and sell them to a company that can and will know how to make money with them. As for Laura she will rebound and find another company to work for. The only losers will be the shareholders that actually believed in the business model. The only problem is we have always had the wrong management. They didn't even invest in their own company's share this should have been a major red flag over the years. I am sure Laura has a really bitter taste in her mouth now as the last bout with the shareholders didn't go her way.
Hello Wilma, I totally agree this will be in BK before the end of the year. I do think someone connected to YA is shorting this stock now. What kind of good news can they(BOD) "COOK" up, the real money has been trading between .0003 and .0004 for weeks now. Eventually there won't even be a market for this stock as the market makers figure out there isn't any volume in this anymore to make commissions off of. I think Laura has let the competition get ahead of her. Didn't Scanbuy just ink a deal to work with Microsoft the same Microsoft(White Knight) that was going to buy us and save us? Wink Wink!! The reason we are in so much trouble and always will be is because YA has got Neom by the gonads plain and simple. No one from the BOD wants to help with the SEC investigation so I guess this will eventually wind down and all of "INVESTORS" will lose except the shorters. Time to put this sick pony down.
I don't get it YA holds all the ACES they can call in the debt at anytime. If these dreamers think NEOM is in control and can dictate what they are going to do with YA they are sadly mistaken. So the company didn't get Prop 5,and 6 to pass that means YA can call the debt anytime they want? Those dirty little shareholders sure put a wrench in the BOD plans for the NEOM wheel! We all know the ONLY reason LAURA is working SO HARD is $500,000 a year salary. Okay I was wrong earlier all YA needs to do is keep the volume down or short it to zero and it will look legit. The market makers won't make a market in an illiquid stock, and a higher bid and ask gap will drive even DREAMERS away? The SEC isn't going to care about another HIGH RISK penny stock going BK that is why they are HIGH RISK they do it all the time? Speculators keep buying if you want, I think the only buyers now are the shorts waiting for YA to takeover? Will this happen by the end of the year?
Who is this YA 's people? They know if they BK the company they will make $$$$ again as usual. So they aren't diluting now are they shorting.
Is anyone getting any buys to fill at .0003?
Okay hold your breathe will get there eventually "THE MANAGEMENT" running this company. So that will be a 100% loss while Laura was on watch as the CEO? What is today's flavor of Kool-Aide? So I can buy here knowing it can't go lower than .0001. I better jump right on that. I can always buy at .0004 like the ones are now maybe than can get out at .0003 what is that in a percentage loss anyways? Do I have the right to feel the way I do, or are you going to tell me the White Knight story or the big buyer, or the Good Dr story?
Flying full speed right into the ground? :( Cmon Laura and the rest of the inept BOD step down lets get some real management in this company, they have all failed long enough! :( Their track record speaks volumes of their future success. When is that bloated salary going to get cut what has she done lately to deserve it?
Well Wilma, I see Wall Street likes the good news about the two props being voted down. The stock price is DOA as usual so sad business idea has potential just we have no one that knows what they are doing running it? What are YA chances now of getting any money and how they going to get it? YA has picked this carcass clean over the years now what's up?
I don't understand what has YA been doing with the shares they have bought at a lower and lower price as they dilute the share price. There has been days when there has been over 200 million shares trade in a day who is doing all that it sure isn't the small retail investor?
Yep you have said it all my friend, maybe you can follow the yellow brick road to meet the wizard also? This is a dead company the shareholders squeaked out a win. They would have voted out Laura and the rest of the BOD but I am sure proxy question number one had only two options, (1) For, or (2) Abstain, where was number (3)NO!!! to current management Now Laura and the other BOD need to figure out how to do their job and that is making shareholders rich. Not just lining their own pockets. I know I am not the only shareholder that has had enough I want JUSTICE!!! You don't think YA can dilute anymore based on what how many decimal places can a stock drop? .0004 now why can't it be .00004 or lower? Only 4+ million shares traded today what is that like $1600? That is a growing booming stock? What if the market makers figure out there is no market in this stock? No market no commissions?
Surprise, Surprise, no news forth coming? Friday is a couple of days out. Cmon LESN you know the outcome? You seem pretty chipper to blast me. You make the assumption that all is good in NEOM land a buyer will make one payment to YA is this another carnival act from Laura? Was the Kool-Aide better at this SHM than the last one? Did she pull the white bunny out of the tophat at the Monday shareholder magic act? Did anyone ask my question why should we as new investors buy into this Piece of work and why should we expect anything different this time or is it business as usual! We still have overpaid inept BOD's that don't have a clue how to get the fangs from YA out of NEOMS throat? They know how they just want to keep drawing those bloated salaries. The answer is close the doors and start over. But my investment MIGHT make me money in the future? It has been trading between.0003 and .0004 for how many weeks now? Buy high sell lower?
Be careful treeshaker you are going to step on some peoples toes for telling the truth. Some of these dreamers can't and won't accept the truth, their money is GONE! As for me sitting around waiting for the police to arrive to protect my family? I don't see how this relates to the inept management at NEOM over the years and currently still there now? The past is the key, will anyone's action at NEOM change the future for the good I doubt it? How truthfully can NEOM keep paying these BLOATED salaries and all the day to day costs of running a business anyways? How much money did they waste on this last proxy charade also?
Are you kidding me what has she done for all of us for the past how many years. Her actions in the past are the key to her actions of the future? I for one am a little pissed about losing my total investment over the years, did I do anything to be treated like this? She didn't seem to care about the shareholders wealth?She doesn't have the confidence to buy any shares. She didn't seem to care about the shareholders wealth? She won't take a pay cut to get her a reasonable salary. I would be shamed to be cashing those bloated paychecks as the stock price keeps DROPPING off the cliff. She or someone with a "BRAIN" proposes completely insane proposals. Some of us have lost some serious money drinking the Kool-Aide in the past and I am sorry they all must go. If you BELIEVE that is fine I have said in the past if she turns this around and makes you rich so be it I just doubt it. I think the business concept is solid I just think they are all inept and YA will continue to dilute as that is the best way for them to make money. Sure going long doesn't work? Why do you think the SEC is investigating YA because maybe they are CROOKS?
Did anyone attend the meeting or are we in the hurry up and wait again for the dreaded "PUBLIC" statement to come from NEOM'S lawyers? Seems like someone trying to put lipstick on a pig again? Lets just get the games to end already? YA you can have it all and than we can have the SEC finally rule against you. Number one point- for all the death spiral financing you put NEOM through just like so many other companies you screwed in the past.
Today's the BIG Day- As I have said they will get what they want by hook or by crook, it is the NEOM way. They can always blame the shareholders for them not passing. I think the greedy BOD will do everything up to breaking the law to keep those bloated salaries of theirs. I don't think the average shareholder has any sympathy. They can close the door and file BK as far as I am concerned.
We have non of the above with our CEO. :(
Well today is the big day we find out how the two Proposals fair 5, and 6. With NEOM nothing would surprise me, they both past by large margins? Most of us long term investors know how desperate this management is always looking out for their own best interest. Shareholders are just a small obstacle standing in their way to riches. I am sure grateful to have the admins teach me how to ignore a couple of posters to this site. :)
I am saying I am sorry in advance you might take this as an assault on you. I am just trying to follow your logic it is very cloudy. So now you are making a stretch the the good Dr is onboard because why Apple didn't put a chip in its phone? I think you are really trying to make more out of this Drs investment into a shareholders nightmare of a company. Is this the only reason you hold NEOM stock because the good dr. might? I sure hope you go to the shareholders meeting tomorrow? If so ask Laura why should a new shareholder invest in this stock PLEASE!!!! The facts are that nothing is going to change with this company why are so many people making excuses for them?
Why do we care if the Dr. is holding or not he is just another investor that has been scammed by the establishment at Neom. I am sure he isn't going to come to the shareholder meeting his investment is now worth $38,000, was worth millions at the purchase. I would think a man with this kind of money has his stock adviser liable for just such screw ups, if not he should fire his stock adviser that picks his stocks, NEOM, JAKK....
Can someone please ask Laura. Would you please tell me why I should buy shares in this company? Is the past an indicator of future results for us as shareholders? Are you ever going to buy any shares yourself with a $500,000 salary, that would buy quite a few? Enough said? :(
I can't wait IF she gets the reverse split we know she will by hook or by crook it will get done. YA and Laura are happy to milk this cow as long as they can. Seems no one wants to get the Feds involved so will be watching and waiting as the millions, become thousands and than the YA dilution business as USUAL and these people will watch their hard earned cash go UP IN SMOKE. It is the NEOMEDIA way of doing shreholders right. :(
The BOD don't care as long as their paychecks cash every payday, F___ the shareholders we know that none of the BOD will buy stock in this POS?
I guess you folks just don't get it. I have stated over and over again if the company was not run by the crooks and the thieves we have now -we might have all made some money in the past and the future. I just can't see how anyone can "invest" new hard earned cash into this stock with the track record it has. If the whole basis to invest in is a Billionaire, that lost most of his investment through the YA dilution, that happened while Laura was on watch? She should be fired, her job is to make shareholders rich not make friends? She didn't live up to her fiduciary duties while spending $500,000 a year from her salary! Someone stated and it wasn't me that the amount he invested is like $50 to $100 to the average person.
This is a a Semi-free country last time I checked? I can state an opinion? I have never said anything that I consider calling anyone a name. I am saying it takes great faith to invest in this company with the track record it has and I can't see any change in the future to sway my vote. If they get their reverse split(HOW???) and that makes all of you rich I am happy for you, if so I missed out. But for the same people to keep saying that it is all new now there is the dr. in the house he is our white knight and saviour, I don't see it. If you take it personal that you don't like my Kool-Aide comment I am sorry it must be working as I am causing you to think now?
I am sorry if I hurt your feeling by saying Kool-Aide drinker? But there is a time for logic and reason to be considered. If you believe in this company than you have the right to defend it. I too believed in the company(NEOM) just can't stand the BOD and the financing crooks called YA? Once you get them out of the picture you might make some money, business as usual will be more dilution and loss of shareholder wealth? They know no other way look at their track record speaks volumes my friend. If you are basing everything on the Dr is in the house does it really matter?
A disgruntled shareholder? I am saying this is America, you stand up and object to the establishment and the police or security will usher you out of any meeting? Did I step on your toes by saying that the dreamers(we all were that once), are the only ones that will be going to a shareholder meeting to get more NEOM Kool-Aide while they are there? The drink that makes you not think clearly? The same drink that will make you think that the money you lost on this POS isn't real money, the same drink that makes you think that YA, and BOD is going to make you rich someday? While they dilute your shares to zero? Keep drinking! I am sorry if I am telling you the truth, the past is the barometer my friend. The future will be the same? This is INSANITY to think any other way? I have said before the only justice is this, to have YA and the current BOD get out of NEOM! We can't vote them out because of the way they word the proxy. No one wants to help me write the SEC so I guess going broke is an option. As I have said before I am not investing anymore money in this until things change. If I have helped one more person to save there money than I have accomplished my campaign.
Wilma they have the votes by hook or by crook you are talking about YA and the same crooked BOD? I think if the SEC was to really take a look at this company they would do the right thing by the shareholders but I think they are just flying under the radar! I guess enough people haven't lost enough money on this POS over the years yet? Too many DREAMERS still drinking the NEOM Kool-Aide?