NeoMagic Corporation (NMGC)

[janicen_98]

NeoMagic has a great history of innovation, and market leadership.
• Steady, predictable sales of MiMagic® chips.---> Im not sure these even sell anymore?
• Mercadomagico venture will diversify revenue stream.-----> Has not
• We are lean and structured to be the most efficient, low cost, company.--->One employee true
• We are committed to maximize shareholder value.--->Ah stock hasnt gone anywhere since this came out accept down
• NeoMagic Team committed to bring Magic back into NMG--Havent seen any magic
• Great Platform/ Ecosystem.---> Could be but could not execute
• Ability to make complementary and strategic acquisitions such as recent---Nope nada.


Overall the 2012 presentation yielded noting even close to what they thought might happen. The owner has 46mm shares out of 90mm. Why doesnt he give up 10mm of those to someone who will come in and move this to a buck or two> It can be done--he hasnt been able to gain any traction what so ever but there is enough potential $ to get ti done