Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
DT & Roadog- I will be in SA for the WC but am confused by your "prophecy" as to how The World Cup will somehow ultimately enhance QR codes/NEOM's presence around the world. You do realize that less than 20K citizens of each qualified country will actually be attending the matches (and that's a generous number for "developed" western european countries) and I'm not taking into account the wordlwide recession. You actually think that a few QR code billboards at stadiums and hotels is the marketing campaign that will bring QR codes to the forefront of the mobile ad industry? Other than some word of mouth which may slightly boost QR presence post WC I cant see how these campaigns will affect anyone watching via TV or Internet as all the coverage will be on game analysis and commentary aimed at those in their living rooms who have acces to the internet and will not need a QR code to access any media from their mobile when they are either at the pub watching the game drunk or sitting on their couch stuffing their faces with tacos. I think this QR campaign is aimed more at the African population where mobile use is extremely large and growing exponentially.
Unless Leo Messi or Wayne Rooney score the winning goal in the final which hands their country the WC trophy and then takes off his shirt in celebration only to have a QR CODE/NEOM logo on his undershirt.. I wouldn't be that stoked about this WC and QR Code link dude... WHAT WE NEED IS REVENUE OR A BUYOUT!!
So does the fact that the majority of common/retail shareholders voted against all three proposals have any bearing on NEOM's plans.. legal or otherwise? Seems like the poopular vote was AGAINST while the electoral went FOR.
GORE vs BUSH?
CHECK THE CHADS!
I'm a bit skeptical as to NEOM's expenses/costs which lead to these stated losses. It doesn't seem that they do that much PR/Marketing, Technical R&D or have such a large workforce/overhead. Any chance that the majority of these "red herring expenses" can really be atributed to the extremely large wages and bonuses of IM and the BOD among other things?
I agree with Street. Although it is unfortunate that nobody from this board had attended this "special" meeting, we all know that this was "special" in it being a simple formality and wouldn't have answered any questions or influenced the motives of IM/YA.
I guarantee that once the Mobile ad/QR code market actually starts rolling and we see which direction IM/YA decides to take the company.. then we will all be at full force unison when a proper SHM is scheduled. At this point just having the BOD know that we are all against their 3 proposals and are skeptical in their motives is good enough.
Anyone attending the SHM should "Stealthily" record (audio/video) using mobile. Any footage of how they "conduct" this SHM will assist with possible litigation in the future.
*No offence rabbit, but I don't think your negative posts/tantrums are taken that seriously.. :(
**I had suggested recording footage some time ago
NeoScam... ROFLMAO!!!
Monoculture Irish Potato Famine exculded! :)
SHM suggestion -
I'm sure that those of us attending the meeting will be asking the key qiestions. I also suggest that anyone with a decent phone which records video should stealthily maneuver their mobile during key moments so as to obtain footage one can use for later purposes.
Picksit - Make sure you get the proxy for your 5M as well. If you read previous posts from shareholders then you will notice that 99.9% have or will be voting "AGAINST" all three proposals as we believe a vote against all three (especially the RS) is in all our best interest.
*You can easily review posts from the previous 3-4 days on this matter and then make your own decision.
You add 4G into the equation and I expect Smartphones to comprise 85% of all mobiles in first world countries and 65% in developing countries.
I just voted "AGAINST" ALL 3 via ETrade.. check out what automatically comes up on the ballot as a "suggestion".. I put it in BOLD letters.
01 TO AMEND THE COMPANY'S CERTIFICATE OF INCORPORATION TO EFFECT A 1 SHARE FOR 100 SHARES REVERSE STOCK SPLIT OF THE COMPANY'S OUTSTANDING COMMON STOCK.
Recommendations of the Board of Directors: FOR
02 TO AMEND THE COMPANY'S CERTIFICATE OF INCORPORATION TO FIX THE AMOUNT OF AUTHORIZED SHARES OF COMMON STOCK AT 5,000,000,000 SHARES.
Recommendations of the Board of Directors: FOR
03 TO AMEND THE COMPANY'S CERTIFICATE OF INCORPORATION TO EFFECT A CHANGE IN THE COMPANY'S COMMON STOCK PAR VALUE FROM $0.01 TO $0.001.
Recommendations of the Board of Directors: FOR
Anyone who even ponders the idea that a RS will benefit our investment is not welcome at my table and can eat at the foolish kids table. If youre confused then read all my previous posts on the matter.
Granted, last week's rise in PPS was comforting but I for one am not buying any more shares until we hear news resulting from SHM and the CTIA.
Fool me once, shame on you.
Fool me twice.. shame on me!
I'm still a LONG.. just not buying more at this pont is all.
Friday was the perfect example of the exact reason why a R/S resulting in .65 will heavily undermine our profits. Considering the high volatility we have seen with this penny/sub-penny stock, can you imagine how high the PPS will rise upon some confirmed revenue? We can easily reach .50 - $1 from where we are now (once some major PRs and marketing campaigns are confirmed). If the R/S occurs then our profits will be cut 10 fold as there is NO chance of going from .65 to $65.. BUT a good chance of us seeing .0065 become .65 or even a BUCK!
AND THAT'S WHY ANYONE HERE WHO INVESTS TO MAKE A PROFIT SHOULD VOTE AGAINST A R/S. Do what yall want with the PAR change as that has no bearing on our ROI.
Pimps - Just curious as to what your logic was behind selling for such a huge loss.. does walking away with a few thousand really outweigh the slight possibility that the barcode industry will take off by year end or an eventual NEOM buyout or revenue confirmation? You literally had NOTHING TO LOSE, no?
The current PPS can drop to .001 for all I care. I invested in NEOM bearing in mind that I would profit ONLY when the barcode industry took of and we saw revenue.. till that time I for one was prepared to wait it out and knew the risk vs reward.
I'm puzzled as to why some investors here prefer a R/S considering that:
1) A R/S will not come anywhere close to recuperating their original investment (especially if they bought shares around a dollar or above). Should BIG NEWS & REVENUE HIT then your shares which will be divided by 100 and trade at .53 will produce MUCH LESS profit/ROI when compared to the current share price of .0053 == obviously there is much greater chance that NEOM REVENUE NEWS coupled with large amounts of BUYS by regular investors will cause the PPS to rise from .0053 to a dollar than .53 to lets say 53 dollars ==
2) The lower the current price drops the less difference the R/S makes (of around .50) when compared to the current .005 as neither are attractive to MM or come close to NASDAQ. No major investors or MM will care if NEOM trades at .50 or .005 as ALL they will look at is debt, market cap and revenues.
For those who wish to recuperate their losses or make a tasty profit, the BEST SCENARIO is NO R/S and REVENUE GENERATION. Forget all that float and dilution nonsense.. if revenue is generated the regular investors like us will be attracted to the stock and eat it up causing the current PPS to increase exponentially. The R/S will be of no benefit to us whatsoever and will only decrease our profits should NEOM take off some day.
A R/S producing less available shares and higher PPS will make no difference in terms of stock appeal whatsoever and will only allow more of a window for YA to dilute.
Non, Nyet, Nein!
*With a pleasant class action by us LONGS should this end ugly... :)
Speculate, vent, negate and argue all you want.. the likes of Elliot, Claw, Vero, Roadog and myself are finishing the marathon!
We can all agree that the mobile smartphone phone (3G/4G) is and will be the central device/hub for everyone. I don't know how successful marketing campaigns like pizza johns will prove to be for NEOM but I am positive that each individual will subscribe to a service or site where they can be alerted of various marketing campaigns or updates based on their interests (i.e. cars, bikes, music, equipment, clothes, wines, etc). Additionally, the aztec scans will prove successful whether through product info or movies,plays,dvd, entertainment previews. THIS IS INEVITABLE.
What we need is for NEOM to partner with Toyota in this heavily publicized car recall.
* Would someone please make a bacon latte!!!
Why are we even discussing what a yahoo Aussie transplant has to say.. seems the guy just wants to start controversy and get a following of some sort... LET HIM JOIN NADER'S RAIDERS!
Neustar is too respectable and has too much to lose by getting in bed with a SCAMMER! I'm sure they did their research prior to making any decisions and entering the mobile market frontier.
Well, I downloaded neoreader for my HTC Hero Android and it works fine. Additionally, with all this conjecture regarding YAs & IM diabolical plot, we shouldn't forget that all the deregulation of over-the-counter derivatives & stocks which has enabled the Madoffs of finance to screw peoeple outta cash and lose savings/investments leading to the current economic crisis is because of the likes of our political leaders, bank lobbyists, Rubin, Greenspan et al and our capitalist laissez faire attitude which naively assumes that "the market always corrects itself". There was no rational reason for any investor here to drop tons of cash into NEOM when the stock was anywhere over a dollar and the mobile market was still in its infancy and with so many unkown unknowns.
Peart - The answer to the question you pose which I believe is justifiable and in good faith unlike some others on here with a malicious agenda is quite simple. Us "LONGS" are quite cognizant of all scenarios which may unfold but see enormous potential in this part of the mobile industry and coupled with NEOM's affiliations and patents/services will be more than happy to roll the dice BECAUSE WE BELIEVE THAT THE REWARD HEAVILY OUTWEIGHS THE RISK! Additionally, we are wise enough not to "bet" that which we cannot afford to lose and have succeeded on our instincts in past ventures...
As previously stated.. everyone on here should be intelligent enough to make up his/her own mind based on all the information (or lack thereof) available. But there is no excuse for the relentless stock bashing of several on this board, if one doesn't believe in the company or see a light at the end of the tunnel they should simply take their business and time elsewhere.
Having read a few posts and googled Auster Cap & NEOM.. does anyone know when this "endeavor" with Auster Cap was actually developed cause it seems to have crept up on us very suddenly.
Regarding the "TIMING" aspect.. it will definitely be a key part of NEOM's arrival onto the mobile scene and thankfully we are affiliated with experienced and talented companies like NSR, Auster and Yorkville bhn because :TIMING: is an "artistic" talent and intellectual trait which I don't think a mammonite like YA or McGreedy possess.
Additionally, should we see a significant PPS increase upon some very positive news after the MWC or CTIA (let's say around .03) then that is more reason to vote against the R/S. I too am holding off on buying more shares till the vote comes in on the R/S as a vote in favor of a R/S will reduce our profit margin 100 fold. This stock has a MUCH better chance of going from .01 to $1 THAN going from $1 to $100... regardless of its Future Revenues & EPS... KAPISH?
Considering that positive news and major publicity will come from the MWC & CTIA and one can get roughly 800K shares at the current PPS for a mere 5K dollars.. the risk vs reward is quite appealing.
We all have to admit that 2D barcode prevalence coupled with mobile advertising is finally upon us. I still dont adhere to the point of view that McGreedy is looking out for the shareholders BUT get good vibes from our association with NSR and Yorkville bhn Spa, based in Milano as those gents seem very sophisticated with great tradition probably tied to the Medicis of Firenza unlike the greedy YA slobs from jeisey..
Please keep a realistic outlook and keep in mind that should NEOM benefit from a good percentage of NSR future business then wouldn't we see a massive number of shares being bought by various relatives and buyers connected to those who are "in the know" within the Mobile and Barcode Industry? Just a thought.. I mean if NEOM was "definitely" and 100% headed for success via Neustar's coattails by end of year then I would assume we will witness enormous amounts of shares being bought at the ASK by those "related" to members of the industry who are "in the know" in the near future, am I wrong?
YA, Dilution, SEC, Biotie/Cobalis, R/S, Iain McGreasy.. Fool me once, shame on you, fool me twice.. shame on me!
*To be honest, even if we all profit form our investment in the long-run whether trough buyout, confirmed revenue, etc.. I would still want the SEC to investigate YA and am interested in organizing a class action lawsuit because things are definitely NOT KOSHER in the state of Denmark. I know the media would eat the story up, especially with the recession blamed on wall street's greed and the stigmatized investment firms, hedge funds and banks.. a story where the common shareholders take action against a greedy and manipulative YA which dilutes a microcap like NEOM and where the CEO McGreasy takes advantage of shareholders would see us on all the major networks.. GUARANTEED! Once we pocket our profits, we can bring em all down and have the last laugh.. Muahahahahahahahahaha
I see a buyout happening before there being a chance of generating major revenue via clients due to the fact that NEOM has no sales force and an incompetent Scottish tart for a CEO. Regardless of what we may deduce from the 8K and YA motives, NEOM just doesn't have the personnel to service as many clients and campaigns as a Scanbuy or MobileTag .. and yes I am aware of the fact that NEOM currently has ZERO confirmed clients :)
Put it this way, should NSR be awarded the clearinghouse within a week or two after the end of the MWC (let's say around March 7th) then I imagine it is already well known or rumored within the elite of the industry which then trickles down to Wall Street shortly thereafter. Assuming that NEOM automatically rides NSR's coattails then our PPS will rise as soon as even the slightest rumors persist of NSR being awarded the clearinghouse. Should our stock stagnate or depreciate upon NSR being awarded the clearinghouse then it's an indication that NO investment firms, fund managers or long-term investors will consider speculating/investing in NEOM until there is CONCRETE NEWS linking NSR with NEOM and a solid business model with confirmed clients.. regardless of RS or whatever price our PPS would be as IT WILL BE ALL ABOUT EPS WHICH MEANS REVENUE!
Just a thought I had without any point really.
Let's all take a breath and see what news comes out of the MWC and go from there.
The only thing I want to add is for those who think that a RS changing the stock's worth to .65 will somehow make NEOM a more attractive stock for investment firms' portfolios and be watched more thoroughly by the SEC I say to them.. is there really such a difference b/w .0065 and .65? It's not like .65 gets us any closer to the $4 NASDAQ listing and should we get 1-2 confirmed revenue streams (and I mean revenue streams NOT some fluff PR announcements like SE, Google APP, NYC Presence or SCANBUY/NSR "licensing") our current PPS can reach a buck very fast as proven by the exponential rise of pennystocks upon positive financial news.
So IMO we (ie current shareholders) will see a MUUUCH greater ROI without a RS because with 1 confirmed major player revenue stream our PPS can easily hit .05 - .10 without the RS and off we go. Whereas with the RS, if YA continues the dilution and without confirmed revenue we are screwed either way.
Indeed a RS does hurt our investment because as soon as one major client/rev stream is confirmed then this pennystock can reach a dollar quickly as proven by the exponential rise of other microcaps upon a very positive PR release. As our main concern is ROI, there is no way we will see as great a return if the RS is approved... as a .65 neom stock will not reach $65 as quick (if ever) as .01 to $1 even considering EPS and fear of YA dilution.
A few questions:
Aren't all publicly traded companies, even pennystock microcap required to hold annual SHM?
Is it legal for NEOM to only allow a certain number of shareholders into the meeting on a first come first enter.basis?
Do we all agree that the voting results will go in favor of a RS and par .001 because its confirmed by tech reports that YA and IM hold majority shares?
What SEC regulations can we all agree have been violated by YA and IM?
Pending on the news in the next month we can plan our course of action accordingly.
Cause Scanbuy actually has a sales-force with proper marketing tools unlike NEOM which is relying solely on Neustar's clout and riding NSR's coattails. I guarantee that any revenue stream or channel partners NEOM attains will be through its connection to NSR. The likes of Scanbuy, Shopsavy, MobileTag, etc have CEOs and staff with vision and drive while this guy IAIN MCGREASY is a stick in the mud who displays NO emotion, drive and vision when talking to the media and other colleagues about NEOM. The company will never thrive on any licensing fees and can't rely on Scanbuy's or any other readers success in order to patent troll. For our PPS to rise, it's all about clients and channel partners NOT licensing fees and patent trolling.
I highly doubt there would be such a great difference in consumer awareness should the CTIA admission fees have been lowered. As long as the media is covering the event and companies and CEO's are there networking it will be fine. The average consumer will be exploited through regular channels like tv, radio, internets :), print and other gorilla marketing techniques.
I wouldn't expect any news until at least a week after the conclusion of the MWC. I'm guessin NEOM will wanna dispense at least one very positive PR before announcing the date of the SHM so as to avoid further threats/circulation of class action lawsuits against NEOM/YA and being bombarded with rotten fruit and vegetables when the CEO addresses the shareholders.
From the NEOM/YA perspective, they are Emperor and Senate while we are the masses. Unfortunately for them, it's the age of enlightenment..
Fine, you win. So is the Global Chair of the MMA involved in this diabolical plot as well.. perhaps "in kahoots" with Geitner and Bernanke?
OK, now we're getting paranoid.. I'm all for specualation and conspiracy theories, BUT COME ON!
LOL
I am aware that Bena has been ill, however.. having read some of her posts and seen some of her simple 6th grade spelling/grammatical errors, I don't really hold her opinions too highly.
Secondly, the NEOM/NSR expansion to Mexico announcement will bode well for us in Spain at The Mobile World Congress as it's a sign of NSR/NEOM willingness to penetrate the Spanish speaking market. I wouldn't be surprised if a channel partner was confirmed after the MWC.
Finally, any notion that NEOM will buyout another mobile/barcode co is ridiculous considering their financial situation (YA, debt, lack of revenue, etc).. so PLEASE DROP IT!!! NEOM would be lucky if the likes of NSR or MobileTag was looking at them.