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Thank Pop I knew you would state the obvious, like I said I'm not going to debate this I know what CurrentC is and why the big retails want to use it. I see no one sees outside the box. CurrentC is going to use NEOM technology plain and simple, the article says MAYNOT launch till next year. The big retailers HATE Apple pay But they HATE Visa more with a passion. Now that you have sucked me into the debate Walmart does not intent on using Apple pay the money they will save using CurrentC is huge it maynot be a Great system but they will offer BIG DISCOUNTS for those who will use it. ENOUGH OF THAT!!!!!!
My question is
Well boys and girls that is the connection to Neom's silence I'm referring to CurrentC retail payment with Walmart behind it. Now I'm not going to debate it I can see and read. My concern is how do we the poor little investor get our money back and or make a nice profit and how does Neom get out of the terrible financial situation it is in.
1) a reverse split of at least 100/1
2) start buying back some stock
3) get bought out
What about us if a reverse split do we start buying the cheap shares now increasing our investment. Do we wait and see if a buy back of stock will happen or perhaps a buy out from say Walmart?
All good questions and not too many answers. Would love to hear what you all think and again I'm NOT going to DEBATE the CurrentC payment YA has given NEOM 6 months to get CurrentC launched and working, the only real question is how does Neom say goodbye to the blood suckers (YA).
GLTA
Why don't they delete this jerk and ban him from posting
How do you block someone's postings?
The new Apple Watch advertisement has a BIG QR CODE on it for everyone to see the whole face of it.
What is going on how Bazar :)
Did I miss something??? Did someone mistake NEOM for something else
We are at 0 have we declared bk?
Get out folks EPA to drop biofuel program
What does that mean?
I got filled at .0001 for a million shares on friday.
I knew Rampart would fall through, that's too bad for ROYL their a good company and I have bought and sold lots of their stock but I'm afraid I'm only buying options (puts) right now.
Wow Blood bath on market today!!
Well said Wilma, I am interested now on why no buyout unless the board approves. Very interesting
The shares should be posted you need to contact your broker, doesn't matter anyways the share price is in the toilet. They won't have anything to dilute at this price.
Unbelievable the stock dropping like a rock and we can't get out even if we wanted to WTF
I have to say this price dropping our shares not delivered and no news from NEOMD is very very upsetting if the don't make this right for the common shareholder soon. The next shareholders meeting is going to be VERY UGLY I live in SLC Utah and I will be there to confront LM
Tried that and it didn't work with Scottrad :(
Scottrad will not let you trade the new shares until they are delivered which they don't know when that will be
Ok let's agree it was a merger! NOW what?
You got your all important RS where do we go from here?
For those confused, when NEOMD reopens for trading the price will be .0075 not .06667.
NEOMD issued a dividend for all stockholders that had stock on their books as of 5/29/14.
Anyone buying stock after that date is not entitled to the dividend.
Example: if you owned stock before 5/29 you are entitled to the dividend. After the R/S if you owned 1000 shares thus is what you will get.
1000 × .06667 = $66.67 dividend usually to be paid two weeks to a month after the ex dividend date 5/29.
NEOM does not have to pay the dividend in cash they can pay it in cash or stock.
Now they can't even do the R/S right, Hello NEOM well done keep up the good work.
What is going on NOW why hasn't the R/S taken place? They should halt it and get it done or is there a big surprise?
Well looks like we may end at .0006 × 15 =.009
Not too bad close to getting off the pinks with some good news off to $1
Who's with me?????:)
Wilma
Totally agree with you on this point
Les
Great post thanks for the info
No one knows what the plan is, we are in a wait and pattern.
After Mothers day we should know (don't forget your mothers)
1) NEOM is dependent on the common shareholder for their survival. That's right they know we are upset about the R/S because we voted down the last one. They made it as least painful as they could for us 15/1 to get done what they need to do and not totally alienate the common shareholder.
2) They also know to be a viable company they can not stay on the pinks and pay their debts. So what is the plan?????????
3) We can go over this as mu
ch as we like but no one knows but LM and YA and the board. ( so don't comment on this pop I have my opinion and your not going to change it).
WE WILL ALL HAVE TO WAIT AND SEE and if I'm right ya'll owe me a beer!
If we split at .0006 we'll be @ .009 and with some good news we will be at at a penny or higher. NEOM has been close to default for quite awhile no difference here. This is a strategic R/S to bring us close to a penny.
There will be no new "moths to the flame" word will be sent out over all media possible blogs, tweeter, Facebook etc..
If this turns out to be business as usual there will be a fire storm of media to warn off any potential new comers.
NEOM FRAUD will appear everywhere. That we can Control LM you have been warned
Pop I do not know what will be revealed, but they can not continue on this path of delution and they can not stay below a Penny to have any new buyers (stockholders) come in. The R/S DOES NOT take them to that level and as you said they will need to do this over and over again. That makes NO sense, if that's the case they would go back to the 1500/1 RS and get the dirty work done quick. There is an underlying reason here and I believe it is GOOD. You believe what you want but we will all find out very soon.
Pop the merger is only to allow them to get done what they needed to do on the 1500/1 RS that was stopped by the shareholders. They have to have this go through and they had no other option left knowing we would not vote for a R/S. The reason will not be known till after the R/S and NO ONE knows not you or me just them. After May 11 all will be revealed good or bad
Wilma to say they don't need us any more is to say they are going private, which would make no sense at all considering their financial situation. When I owned Citibank stock they had a 100/1 RS.
For NEOM to play with the big boys they have to start making MONEY!!!! Money for the company money for the shareholders or else they will be gone. They have survived being defaulted on and going BK, yes their connection with YA is bad and has hurt them and us dearly.
This is a strategic RS no question about STRATEGIC for what purpose NO ONE KNOWS BUT THEM.
Wow lots and lots of speculation, which is fine that is what the board is for. So here is mine: WHY the 15/1 RS way way down from the original 1500/1 that was voted down by shareholders? Now that they don't need shareholders approval why not the 1500/1 ???????
Wouldn't they need the 1500/1 to reach a penny stock price to comply with the new OTC rules ?????
Conclusion: There are big plans in the near
they no longer need to wipe out the common shareholder (which by the way have been VERY good to this company and has taken quite a beating over the years) for this company to became a success and a viable company they need the common guy.
Pop/Wilma it's plain and simple YA interest in NEOM is nothing with out the common shareholder NOTHING! YA ability to dilute the common stock has dried up. They want out, and without some fantastic news the common shareholder will be out. No more cute little PR news will suffice anymore to move the stock up (such as yesterday's) NEOM will not be above a penny with 15/1 Rs something has to be in the works or the gig is up
Les well said that does make some of this circus logical. If the R/S does remain the same at 15/1 you will be absolutely CORRECT.
Person
Thanks for the clarification on the pink sheet I was not sure about that
If they end up on the pink sheet they are done there is no trading on the pink sheet I believe. Which means YA will not be able to dilute to get paid back, leaving no other option but to call default on NEOM.
MAKE SOME MONEY NEOM IR YOU ARE DONE!
Risk you have it correct they can't make the minimum bid requirement with the current 15 to 1 unless they have big news on the other side waiting. If they post pone the R/S or increase the amount high to meet the requirement and allow YA to delute that is your answer right there. Dump all shares before they R/S and let them go under.
Will the R/S on April 2 being them above a penny?
YA will be very unhappy that their little plan is coming to an end
Laura some advice (bring out some huge news to the Shareholders before the R/S so we can recoup some of our losses. After the R/S you will be begging for the shareholders to stay because TIME is running out.
DO THE RIGHT THING NOW
I guess they didn't expect this rule
I guess spending all that money on a new office and pay raises wasn't so smart when they could of bought into their own company
I guess a company should make money for their shareholders and not play a game of R/S and delution.
I guess unemployment looks scary
I guess running a company into the ground doesn't look too good on resume.