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Typo: should read RS. RM on the forefront of thoughts here.
DM-didn’t MBS tout a market cap of over a trillion $ for publicly traded NEOM (as he did for Saudi Aramco)?
A RM of uber proportions would be needed to address shares currently held. For many long-held shareholders, it’s been dead money immemorially. Now worth the price of admission to be in the tent.
Thank you ranger, now I'd follow up with: does navy blue become this complexion or will orange bring out the color and impart a more youthful image? Not much reflected light in a typical room in Crowbar Hotel.
Have to ask: is the principal character (KB) in this debacle of debacles shutter shy?
Cannot locate any image on line to put a face to a name of this legendary diagnostics magnate.
Loaner-I have not placed a sell order on any CE stock., had not considered it could be a problem technically speaking. Locating a willing buyer would be.
Jr.571-most brokers have shuttered purchase of caveat emptor stocks as of 5/25/21. One can close out their position but no openings. So yes, how are buyers jumping in?
With Fidelity, any attempt to purchase CE stocks is met with:
(TC9050) Opening transactions for Caveat Emptor are not permitted
because of the risks associated with these securities and all Microcap securities.
Ranger-same date as Schwab for CE stock. Exit only.
To think where Big K was a mere year ago. Ain’t life grand.
MBS is to Neomedia as Elon is to dogecoin. There’s not an “established” relationship but there is association-which creates the great divide here.
Jr. I believe it’s common knowledge the QR code was invented by Densu for Toyota. I never understood why it was not monetized then but simply deployed as a parts identification method.
https://www.qrcode.com/en/index.html
real-that’s actually quite Churchillianly original. “Not a matter of opinion in my opinion.” I am adding commentary, ignore if you believe as you do. As for promoting a pump and dump-you don’t see me hyping dates or price thresholds.
Real-take your course, I’m taking mine. My position, my money. My opinion.
This IS an Alice in Wonderland undertaking. Insanity rules. Go big or go home.
https://www.middleeasteye.net/news/saudi-arabia-billion-trees-climate-change
My colleague in KSA reports of high attrition and turnover at NEOM. Don’t be surprised if you hear a recruitment ding dong. They need everything, everyone-from astronomers to zoologists.
Meanwhile-we can all place thumbs behind our suspenders as proud NEOM angels. ;-0
War-with you regarding the pump masters that raided stocktwits as well as this thread on the President’s day long weekend. Some handles are familiar. As we saw, the froth bubbled over in one trading session. Today’s market is so irrational, momentum trading both enriches and eviscerates like a swarm of locusts.
I admit, I don’t know at this time how the Saudis will monetize here,
the 48 mio was pocket lint if they wanted the domain. Certainly it is relative to 500 bn. project cost. My position is residual, as it is for other Neom vets. Let the Saudis play in the sandbox at will. This die ain’t cast, MBS is blowing on them.
vulken17-if there is correlation here, it might be the yard sale find of the decade. YA would be happy to recoup Neomedia's monetary obligation and saw no relational potential between the defunct Neomedia and the Saudi NEOM.
https://news.artnet.com/art-world/jon-corbino-garage-sale-stolen-painting-1479556
KSA has a ton of reputational damage to overcome. NEOM is a keystone to MBS’s legacy to enact societal change and showcase Arabic progressive reclamation via future-oriented technologies.
Neomedia simply the bullhorn.
How ironic. I showed up in a LinkedIn search by NEOM. They are evidently actively recruiting.
JR-are you on the bus or off? No left turn unstoned. NEOM-utopia or dystopia...let’s talk after the Saudis blow half a trillion Washingtons.
Note the link to contact profiles at Neomedia Technologies-several have contact numbers with country code 966-Saudi Arabia. The defunct Neomedia Technologies logo in tact but website link takes you to the now-familiar promotional video. Little wonder there is a surfeit of confusion, disorientation or certainly a lack of clarity here.
https://www.zoominfo.com/c/neomedia-technologies-inc/160662296
There was a cadre of cool here, including you War Machine. Pop was de facto Godfather of the thread. There’s been some nostalgia plays by the Reddit Raiders-Blackberry et al. Bring back the spirit of the late 2000’s!
Lisa-deepest condolences from pop’s board colleagues and comrades. He was the armature of the Neomedia flurried exchange during its salad days as we “stood in the gutter looking at the stars.”
The story is far from over. The Saudi NEOM has handily buried the defunct Neomedia (NEOM). IMO the Project is the Saudis best shot at regaining global “legitimacy” via finance and technology. Both material. KSA may never regain or retain mutual respect with the West. This is a book that can’t be put down once opened-truth or fiction.
NEOM is only the cover.
https://news.harvard.edu/gazette/story/2021/02/biden-may-regret-releasing-report-on-khashoggi-murder-says-expert/
And let's look the other way to a 3.01 Billion (with a big B) float.
vulken17-your first link has gone dead.
https://www.neom.com/solutions/ip_licensing/customers
"Either the page is not available, or the address (URL) you have entered is incorrect.:
With bond yields on the rise, the appetite for speculation is getting eviscerated.
Yo Person-the Neom Magnificent Seven rides again! Scam me once, shame on you, scam me twice, shame on me! I'm interested in efforts and activities in the Great Sandbox. Price of admission is steep, but there may be a big refund this time around.
Cynicism abounds. If not of the relationship between Neomedia technologies and NEOM. Understandable on both counts. The promo video dissected:
https://www.gadgetclock.com/the-dark-reality-behind-saudi-arabias-utopian-dreams/
Biz-careful what you wish for. Moh'd Bone Sawman has a squad to deploy. He got a pass today, let the NEOM work proceed. Next week is another week, adieu February.
Most would know-with caveat emptor status on major brokerages- it's the obverse of Hotel California. You can leave but never return.
IF the Saudis intend to deploy the Neomedia shell as a mechanism of positive spin, propaganda and all around good PR, they best turn up the volume. I very much doubt they want to see the excavators stop digging and the concrete trucks stop churning.
“...But Joe Biden, who on the campaign trail called Saudi Arabia a “pariah” state, promised a new approach and has been taking steps to implement it. Earlier this month, he withdrew U.S. support for the Saudi’s brutal military offensive in Yemen, and on Thursday the administration will release the 2018 intelligence report directly linking MBS to the Khashoggi killing — a significant shift in approach to the de facto Saudi ruler from the warm, forgiving posture of Trump and Kushner. “The president’s intention, as is the intention of this government, is to recalibrate our engagement with Saudi Arabia,” press secretary Jen Psaki told reporters Wednesday.”
“We have a long relationship with Saudi Arabia,” Psaki acknowledged Wednesday, as Biden prepared for his first conversations with the crown prince’s father, King Salman. The U.S. government has long seen strategic value in the country, in no small part because of the oil it produces. What will it mean to, as Biden promised on the campaign trail, make the regime “pay the price” for their malfeasance? “I hope his message is that we have to sanction MBS with the exact same sanction we imposed on the 17 other Saudi accomplices in this murder,” Sarah Leah Whitson, executive director of the Khashoggi-founded Democracy for the Arab World Now, told the New York Times Wednesday. “The message to the Saudis has to be to get rid of this guy.”
I'm with you Jr.571. Some are not comfortable unless it's Fiat Lux all the way. I don't mind groping in the dark. For veteran Neom holders, it can remain dormant IMO. The shell may become a PR conduit of the Project. Granted, it would not be a monetizing agent unless, until...
Junior571-here ya go:
https://en.wikipedia.org/wiki/Neom
I was/am trying to decipher more of the relationship-if any. Which obviously many here deny.
Simple Wikipedia info. As to the tug-o-war here whether the Neomedia to NEOM relationship is bogus:
pretty basic-if one sees no relationship, sell your existing position. If one retains the prospect of a Halley's Comet event, buy or hold your current position.
Having worked in the Middle East, I'm skeptical of the viability of the project NEOM-relationship or not between Neomedia and NEOM. IMO, the Saudis are seeking some form of validation after the Kashoggi debacle, they lost a lot of credibility globally. A couple key consultants (Foster Associates) dissociated themselves from NEOM. I don't know if they came back to the fold.
A peculiar culture of superlative seeking: to wit: Kingdom Tower. Why TF would you need a kilometer high tower in the middle of the desert? Was to be the world's first 1KM high tower, they just had to best Burg Khalifa at 2,722'. Note: Kingdom Tower on HOLD.
Not without controversy:
"According to a US Justice Department filing under the Foreign Agents Registration Act (FARA), the Saudi mega-city developing firm NEOM Company hired American public relations and marketing consultancy, Edelman for assistance with public relations on the “smart-city” project. As per the 3-month contract with the Chicago-based Edelman, NEOM pays Edelman $75,000 per month through February, for international work done on behalf of the developing firm. Under the contract, the PR firm stated the provision of communications support in various sectors including, strategic counsel, stakeholder identification and engagement, media relations and content development. NEOM and Edelman refused to comment on the deal. In the course of 2 years since 2019, Edelman counts as the fourth PR firm hired by NEOM following BCW, Ruder Finn, and Teneo. Based on reports by human rights organisations, Saudi residents have pushed against the developments of NEOM, which would require the resettlement of 20,000 residents, including the Bedouin tribe members. A tribesman was also alleged shot dead on refusing to give up his land, raising humanitarian concerns.[27][28][29]
In July 2020, a sponsorship with the League of Legends European Championship has gathered significant backlash from the professional League of Legends community, including athletes and the league's own staff. The backlash is centered around human rights abuses from the Saudi government, particularly its record on LGBT rights.[30] As a result from the backlash, the sponsorship has been cancelled within several hours of the announcement.
Mercedes on board. The propaganda precedes and exceeds.
Interesting. The Saudis didn’t respond. Therefore it’s all fakery. Wow.
Perspective please. Some are here to make bank. Some are here to enforce a moral standard. It’s worked both ways. Bank was made last year. The patient was just defibrillated. Berman getting measured up for a striped suit. Go your own way. Blinding red lights flashing or with wild abandon. The choice is yours.
War-with all due respect, you’re trapped in a 2016 mindset. This is possibly one of the best barn finds on the horizon. Thx for the check stop. But you might find yourself looking at the caboose and rails disappearing into an infinite vanishing point.
Yo vino-posting through Sea Ranch connect fiber? Enjoy the breakers. DECN will be here upon your return.
GUARANTEED. The burner’s only on simmer.
Biz-for me, it’s a residual benefit. I suspect we’re both sitting on 7-fig positions. I like the play. Either way. QRs never saw an inclining of their potential under the YA thumb. Like satellite internet, the right play at an
inopportune time. Saudis or not-QRs have latent legs. Maybe MBS wants the whole enchilada-supersized. Think of the future city. Bring back Laura yo evangelize to HRH.
This egg is worth sitting on, IMO. Watch left field...