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Pop,
I just sold 4 million shares, did I make a mistake? I took a huge loss 40K, as i lost all hope in the this folly called Neom. What do you think...?
Pimps
D&O insurance? Pop...this Company has no Money, and you figure they have liability insurance to insulate the directors and CEO from a impending lawsuit(s) class action lawsuit. You think Error and Ommisions liability is enough to cover?? Hell NO! There is so many clauses in their insurance Contract that would lead to absolutely bare minimum coverage being provided maybe 10K to defend errors and omissions for these clowns before the the fine print kicks in, risk insurers provide themselves with an out at every angle when there is absolutely failure to the fiduciary!
The money to defend themselves will come from corporate coffers (how much money do they have/YA?) ....No Insurance will ever defend these clowns. Add to the fact that SEC, takes every shareholder lawsuit very very seriously once its in the dockets, and they have a habit of investigating every share holder suit, with the noise created by an existing suit.
I think this board and its directors are having problems sleeping at night...should any suit be forthcoming! Laddie sleep well your wall is very thin!
Pimps
Scanbuy...i mean Poptech, These crooks deserve everything that is coming to them....they are a class A CROOKS (YA/Neom)!!!
To think that your Company can get financing with Motorola and we have to deal with a loan shark.....what does that tell you!
Motorola, is willing to finance a privately held Company like Scanbuy...and a publicly traded company, yes i use Company loosely when it comes to Neom cant get an equity partner or cant find some reasonable financing that is half legal and easy on the shareholders. We have to make a deal with Loan sharks such as YA....speaks volume about Neom!!!!!! I know i am shooting myself in the foot...cuz i still hold 4 million shares!!! I am loosing my shirt right now!! But comparing Scanbuy to Neom! There is no Comparison...one' a real Company the other is utter dismal comedy of errors of joke of a company! I have Shear disgust!
Motorola took a risk funding a privately held Company yet, it was so easy for them to finance Scanbuy.
Pimps
TP ...I am with you, the mass market out there knows nothing about this gem with flees. This last PR and the lack of action are more reflective. From this point on, they have to find new suckers to buy in and henceforth if YA wants to play dilution, they have to find new investors to fleece....They have conned the original investors many times over.....and now the well is dry! Whats next....or do the Somali pirates at YA play fair? How do they attract new buyers to the show? Revenues? Great news to pump this back up so they can cash in? That is the 64K question.....TP, whats your take?
Pimps
http://cdn.newsone.com/files/2009/08/somali-pirates.jpg
Look at his friends list..impressive....his got Chip Hoffman on the list, this is our guy, that is going to take us to the promise land...Yeah I am Pumped!
Pimps
TP...thanks for the info, you are about the only guy in the know right now....keep the info coming.
Pimps
Beacon...too funny, this last 8K has even the field right up....all the former insiders, former hanger ons,techies,toilet trolls etc....are now all in the same boat. Its an even playing field for the first time in a long time here on i-hub. Although their still might be a few dot connectors kicking around, whose Ardent beliefs in the tech transcends YA's looting and thieving ways.
Pimps
Package, use your crystal ball skills, and tell me, where do you think we are headed will we see penny land? What is the latest word on the MM street?
Pimps
Claw.....do you believe this statement, if so shed some insight.
"Believe it or not, there are significant improvements in the terms of recent deals with YA which put the company in a much better light." ?
Pimps
JP, what are you trying to say, please divulge....these are trying times even the slightest positive information will help the beleaguered shareholder base.
Pimps
Howard.....Put the pressure on YA, directly by contacting the SEC and IRS...evoke a petition and get 100 shareholders to sign...fire it away to the SEC and IRS...and an audit will transpire?
Pimps
Frac.....you may want to lead us in this, this was posted back a few months ago by a good poster named beams11.....describes how to engage the SEC into audit mode against YA! Please act on this, and lets get a minimum of 100 shareholders and fire this off to the SEC. Once the SEC gets into an audit.....YA's goose is cooked!
Also, lets get a petition going forward, about shareholder rights.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44322547
Pimps
Frac ...Have you heard anything from the SEC??
Pimps
Clawman ...what yee say to this? Frac, have you filed the suit?
Pimps
Great post JP, buddy i sense your frustration! Your buddy McCready is in a bad way, his a man with no Country?
Ian is a good man, but they own the Company! They decide if diluting or selling Neom is the most return on their money? Ian, can bring the deals to the table....YA says yeah or Neh. The shareholders are just pawns.
Saving grace for shareholders is the threat of a lawsuit for failure to run a public company in accordance with Delaware Law and complete failure of fiduciary duties by the board. YA is under great pressure they have watchful eyes on them and their dubious pipe financing. One false move and a long drawn out audit from the SEC? perhaps FBI?
Mark Angelo and his merry band of pirates....they kind of remind me of Ethiopian pirate ships off the coast of East Africa.....sooner or later....
Sorry JP, iam not a member ihub.....and i am not who you think i am!hehe.
Lets hope and pray we get sold!
All the best
Pimps
I honestly believe the Company has been sold, we will see a new release soon enough, why would they go through with the Neustar agreement, build the infrastructure, have MMA and other body endorsement, have deals, the indirect way is the way....Microsoft, Google, etc. are at the table willing to licence the IP...I would think that the share price will definitely start to climb, the imminent sale price may be between 2-4c....however, YA will take advantage of every shareholder.....
Ian Macready is a good man of honour, I just find it difficult to comprehend him doing anything but fulfilling his fiduciary duty to the Neom Shareholders. Let things calm down and play out, and we should right the ship soon enough, let Ian do his business.
Zacked, is there still pot at the end of rainbow...or is the pot i am smoking that is creating a rainbow?
Pimps
JP...I am with you all the way! Thanks for the message!
Scott
YellowJacket....you know i respect your opinion, but answer this, why would they pay 1.00 a share, when in the open market they can pick countless shares for 0.015....they make a deal with those scum MMakers and negotiate cheap buy ins? Why would they pay such a steep astronomical premium? Just thinking out loud.
Pimps
The muzzle is off? Are you kidding me! Show me the money? Where are all the revenues? We just got incredible news and the stock languishes @ a paltry 0.015 cents. So you tell me YJ and handog how you think this stock is worth $1.00 and why it shouldn't be sold for 0.10 - 0.15 cents NOW! Argg Dreamers I say...dreamers....
PS: Poptech...give it up man ..stop the scanbuy insanity! Its over...we have a settlement...move on!
Pimps
Dreamers....Arrghh, dreamers I say! Count your lucky stars to see 0.10 - 0.15 and at that you will be chased down the street by YA, a humpa humpa burning love, so you better cover your back side...lol
Pimps
I am very Saddened to hear of the passing...deepest sympathies to the family of the good Doctor! A Wonderful man and a friend to many on the board! Would appreciate someone updating how the good doc passed away.
Pimps
Kids, just a quick note about the importance of having your IP defended by a law firm on contingency basis.
I dont know if Scanbuy has their IP Lawyers on contingency, but we sure do! That is a huge advantage, and may also shed some light on a favourable outcome against the Scanbuy lawsuit.
Our law firm clearly believes in the strength of our IP portfolio. So the only way Barkhume & associates gets paid is by actually winning the case and getting the infringing Company to pay all the legal bills to defend Neom IP, plus any treble damages. So, if our law firm looses the case they don’t get paid a red cent!! How many lawyers do you know that work for free?????????
Pimps
JP..lol..your professor was right! Dont bore me with the facts! lol...and yes ill be going to Wimbledon to watch Federer win! ...its all peaches and cream...will it be Peaches and cream by Wimbledon? Now thats something to ponder.
Cheers!
Pimps
JP, DOnt scare me with the technicalities, if there is a Whale ...i am sure they have huge team of Corporate Buyout specialist who are experts at buying highly diluted Public Companies...I thought the line was Taut? Please man, dont change your forecast, i just hope we the longstanding shareholder get rewarded.......as always, goes without saying Many Thanks JP!
Pimps
BC...Tres Tres bien my friend good stuff very thought provoking especially the IPO and partnerships that could actually work...WoW!!!!
As always...great pet detective work...i am going to have to call you ....Ace Ventura...lol
YJ..great post!!! Had no idea Google Android was in competition to the carriers.
Pimps
It was me Fuego, i told my broker to get aggressive, there weren't that many shares available, so i said buy with caution up to .16---should have consulted with TP first...man the guy knows the games that MM's play, it averaged out at .0159, in the big picture a few pennies here and there. No Big Deal! I am now hunkered down for the big Run! Woooohooooo Yeahh babyyyy Yeahhh! 1.1 mil shares.
Pimps
Pop, I agree with you...Interesting Commentary by all on the litigation aspect of defending your IP. Folks you have to look at Scanbuy issue separately then the rest. I see Scanbuy as some one who as already been beaten down and have come into the fold...meaning they are ready to settle!
The have adopted the open standard, they have a new Business model. They understand the mass acceptance of the Ecosystem by the MMA and all the players and want to be part of it!! They are ripe for the picking to settle and move on with the business of making money.
Yes, I understand everybody's sentiments about establishing precedence and preventing any more from infringers....hey, that’s why we have a Law firm on contingency...that’s a huge advantage and this may deter Scanbuy and many other infringers into settling! However, Previous Legal precedence has also been set, I think most were out of court - Settlements, Lscan, airclick, Virgin.
You don’t want to take your chance in court via a jury...mind you we still would have a great chance to win, with depositions and expert witnesses, I don’t know if you can introduce EFF and USPTO ruling in court--Clawman?
The Ecosystem is established...all the Carriers are raring to go, your patents have been broadly adopted or accepted as the standard, most of the outliers are willing to licence and if they are not, they want be able to do business in the space because carriers want let them.
To me dragging this Scanbuy case in court is actually hurting Neom....so why not just settle.
Pimps
SRM...thats why you dont take a chance in court at the hands of civil jury from which it could be your neighbour's wife as a juror (nothing wrong with a domestic housewife being a juror..lol). You settle and licence...and move on.
Pimps
Poptech...its not about minute treble damages from scanbuy infringing the patents. Trebel damages would be very minor to begin with ....how much did scanbuy make from infringing? Not a hell of a lot...So lets get scanbuy onboard...get them to licence.
Look at the BIG PICTURE.... , its about reaffirming the patents but even more greater then that it is the proliferation of the infrastructure created by all the Mobile Marketing PLayers and Neustar! The big picture! Share revenues, everybody wins...even Scanbuy...everybody runs as many simultaneous Indirect campaigns as possible with many different codes ...there could be 100's of campaigns running at once from various different Mobile Marketing players in the space....every click results in revenues for all.....The Big Picture!! THere is room for all the players ...Googles, Microsofts...everyone ...
Pimps
BC..lol..you stay sane man! We need the Voice of reason to be Sane..Stop the insanity....hehe
Thank you come again (Apu)
Pimps
Thanks JP..i am blushing...hehe! Time will unfold the mystery that is Neom... hopefully soon!
Cheers
Pimps
Kids...why sweat the little stuff? Ask your self the following question? Why would YA Own millions of worthless warrants? and why are they continuously trying to add as many Neom shares and warrants as possible, you think they will let Neom go bankrupt?
1) YA is trying to capitalize and pickup as many shares of Neom as possible, because they know, that a equity partner or financing and revenues are around the corner...hence rape and pillage Neom now...before the SS Neom minnow golden goose sails away. You think, YA would let Neom declare bankruptcy...and have Neom IP sold off to the highest bidder, none of the warrants could be exercised, All the creditors (YA) would then share the pie with Neom Shareholders for the proceeds. YA Would be lucky to get 30 cents on a dollar if Neom goes belly up.
2) Great points from previous email by Be Confident, please read the post again, explaining with calm reasoning as to why Neom will succeed. Folks come on now, EFF suing, why would anyone sue, if the IP (in-direct method) had no worth? The patents are of great intrinsic value ....to marketers, brand managers, advertisers, carriers, etc --you will see licensing deals very soon. If Neustar, believes in the In-direct way and have built infrastructure where it allows everyone involved in Mobile Marketing to make $$$$, carriers like infrastructure because it allows them to make some really good money and there is no gray area, carriers will facilitate most of the MM campaigns!
3) There is no comparison between the Direct and In-direct Methodology...hands down in-direct works the most for the facilitators of a campaign, all the key demographics and information retrieval is why people market and advertise...they want to know demographics and pertinent information for them to push products and to monetize! Pleas see, Hangdog's Post, they are very good at explaining Mobile Marketing campaigns.
Look kids, there is valid uncertainty in your investment in Neom, but dont get your knickers in a knot, if you believe there is hope for the IP, stay on and take your chances. If you dont, Jump ship, its simple as that, in the end this Company is an Enigma!!! Nothing comes easy ....here in Neom Land!
JP..."I spent six months in a leaky boat lucky to keep a float"...You remember this song? hehe name the group?
Pimps
Before you joined the board i was No Confidence! I became Be Confident after you started to post and you became the voice of reason. So having said all that, who's on First, whats on second, and Be Confident is on third? So, voice of reason, do you think Be Confident will score and who will go to 2nd base and What will be on 3rd? What's, going to happen to What b4 the end of the month or early June...hehe...
I enjoy reading your calming posts, but still think your one of them, i got my eyes on you BC...hehe...! Just kidding (Said with an APu accent Simpson's)
Pimps
Yellow, Hangdog....You kids are sure naive or something...I cant believe such smart guys such as yourselves, falling hook line and sinker for YA's way!
They are going to print legally or illegally as many convertible warrants as humanly possible....They cant keep their hands out of the till? Why should they? Whose gonna stop them? NEOM Management..haha...LOL!? Every quarter your going to see them....scoop up and convert as many shares as possible...taking shares from the Neom till, is like taking candy from a baby. wahhwahwah. Dont be a Sucka! Fight YA's Toxicity!! We don't need their rotten financing....Show me Some Revenues...Talk & Srowen direct method is Cheap!
Pimps
Mount Fracatowa has blown and there is ashes..lava everywhere!...Good post, but why are you so un-emotional? Your a robot! lol!
Personally speaking, I enjoy your post, but we can't belittle any poster...its an open forum, you raise great points, everyone has their opine. Amerika, its a land of the free.
But please man, keep it dignified! And of course keep posting!
Pimps
Srowen,
I am not here to dispute or argue with your acumen, its obvious your an Software Engineer and an egghead (very knowledgeable).
Now let me tell you what I am, I am an investor, plain and simple, I dont care about the technology, about direct or indirect, QR, 2D, 3D. I Simply care about how the USPTO ruling and how the current set of patents will make me the Green $$$$$ in my investment in Neom.
Now, you and the many great minds on here on I-hub can debate about the many ways to monetize in the Mobile Marketing field till the proverbial cows come home.
You see, as an investor, I choose to base my investment on validity, since the EFF challenge of the patents and USPTO ruling, the validity and profile of Neom just grew 100%. WHo cares if the USPTO made a bad decision based on obviousness, the decision has been made, srowen, can you change the USPTO decision?
So, going back to my investment, I appreciate your arguments and your knowledge, but please do not mention anything about my mistake in investing in NEOM! Let me be the judge and let time dictate if my decision to invest in Neom was good or bad.
Pimps
Fuego, Microsoft will be Licensing Neom, there will be no Lawsuit, Lets play ball! The ball park is constructed, the grass is cut...bases are loaded. What did they say, if you build they will come?
Pimps
Les, Let the share price catch up to the exciting things in your post, i just want revenues and less YA - dilution, and the market should reflect that in share price...I hope and pray!
Good night, Pimps
You crazzyyyy peeps, "Neom has the possibility of being 2-3x faster then that of google" Les, and every dreamer on this board...give your a head shake...Hello Mcfly its reality calling..Hellow..knock knock..anyone home! We are trading at 0.027 cents!
Lets first cross the 3 cent barrier and stay, and one day in the future when we hit 5 cents....ill be jumping for joy!!! But my joy will be shortlived by YA and there Louisville slugger, clubbing our joy with roughly 500 million cheap shares exercised at 0.00000012 cents...i wonder how long it will take to get us to 0.10 cents? 6 - 9 months...maybe? There has to be huge news and i mean epic huge news, we have had incredible news and we are still here at pennies...can you say D-i-l-u-t-i-o-n! .....You can do the Macarena dance between 0.02 - 0.03 cents, waiting for YA to sell all their shares..... Ehhhhh Macarena.
SOrry to be a wet blanket...but i want the share price to reflect the incredible place this Company has come to, but dilution is keeping us here brothers and sisters ...Free Neom from YA!
Pimps
Look great posters of I-Hub, part of the overhype is to be blamed on you! Yes you, dont blame the weenies, the lurkers, the traders like TP, blame yourself!
All the dot connecting and deciphering of information ahead of Neom's PR's, are done by you people. Your so darn efficient at un-raveling the Neom business plan and the mysteries that you have a following of weenies, lurkers, traders, Market Makers...yes even Market makers, who feast off you...and i mean feast off you!
The Company releases great PR's, that last PR looks amazing, however the market wants way more, they want scanbuy settlement, they want Nokia to sign a licensing deal, reader to be embedded on all the phones, a gorilla to buy the Company at 1 billion dollar market cap..... when the Company presents the facts at the CC, with minimal dot connecting/reading between the lines, and just plain old facts! What happens???....classic sell off....because all weeners, etc. wanted a hell alot more because they heard it on I-hub from all the great super posters! To me i wish they would sell there shares and move on...but this will continue to go on...traders will trade...MM's will steal and loot your shares....Folks that's the OTC!
Pimps