Well, if the powers that be at Neom are truly meeting this weekend to try and put out a pr to save the company (and I do, in fact, believe we are now at the moment of truth- Neom has survived the past two years by selling into the market that TS created, pure and simple. Without TS and the 40 to 50 million shares (liqiud shares) his followers brought to the table, Neom would have diluted 10 fold by now trying to survive), we really need to see a PR that lays out, in detail why TS is wrong to sell right now.
I believe we need a pr that lays out exactly what is going on with Qode, who our potential partners are, where our revenue is going to be by the end of 2007. We need to hear:
1) That qode is launching this fall, with the help of big partners or clients, and is expected to be a real revenue gold mine in the near future. That there is a service provider involved, that x number of bar codes, magazine adds, etc have been turned on and that this is the potentially world changing event we hope
2)That the word registry is going to go hand in hand with this launch; that the registry is also a revenue gold mine, that x number of words have been sold, that the expectations of its adaptation by the general public are bright
3) That Neom's financial problems have a viable cure; that the sale of the paint company will raise enough money to launch qode, that dilution will be controled, that selling shares via Cornell will disappear as revenue from Qode and the Word Registry pour in.
4) That there are specific price targets in terms of the pps for the next few quarters, based on revenues, eventual profits, and cost cutting; that the goal of getting onto a real exchange is still in management's mind, based on getting the pps out of the pennies; that somehow this company can reach a valuation in the billion dollar range through qode and the word registry.
5) That management is now focused on raising the pps and on communicating with shareholders; that the acquisitions its made have in fact created a stronger company, not simply diluted its shares; that Neom will reach profitability in the near future.
6) That TS's comments were flat out wrong; that the IP is strong, that the Scanbuy situation is near resolved.
Truly, neom's management has to come out and say exactly what is going on here. There is no more room for excuses. TS has left the building, and taken the market he created with him. We were a .07 cent stock before TS with an OS below 100 million. Now we are a .07 cent stock with god knows what number of OS. Now it's up to management to create that market by giving us something to work with. If google, microsoft, or newscorps is waiting in the wings, it's time to get them to step up with a pr. If we've sold word registry words, it's time to list our clients. If we've got something lined up with Nokia, Coke, McDonalds, Godiva, etc, it's time to put it down in a PR. We wont' survive as a .07 cent stock. It's all or nothing, boys.
Best,
Joe
AI
