InvestorsHub Logo
Followers 1
Posts 121
Boards Moderated 0
Alias Born 04/15/2005

Re: Steelers_Fan post# 76603

Tuesday, 06/13/2006 4:22:24 PM

Tuesday, June 13, 2006 4:22:24 PM

Post# of 326351
Steeler,

I think that statement in the proxy is the answer everyone has been looking for. It's just that no one will accept it on face value.

I believe NEOM doesn't want to go thru all the trouble to get more shares every time they need them, so they just decided to go for a large amount one time, and take the heat once.

They state flatly what they want the shares for; future acquisitions, options and warrants, current convertible stock needs, and possible future dividends, and or splits.

There it is folks. Simple as it can get.
I doubt if we will get a whole more than that at the SHM.

DannyJoe