Friday, November 10, 2006 1:33:59 PM
I think most here understood the meaning behind my post. Based on the information we shareholders are right now privy to, the company needs approximately 50 million in the next 12 months to meet its financial obligations. Yes the sale of paint and an additional 10 million might pay for the day to day expenses during that period. But NEOM has other financial obligations during that same period that are huge at this time. Just the 6 million needed to set up the sub for their contract and pay the silent partners is enough.
And then you come out here with a projected monthly burn rate you came up with on your own, and accuse another poster of twisting the facts to bash NEOM. Isnt your monthly BURN RATE ESTIMATE a twist of the numbers as we know them at this time?
Then you say you are just asking a question to understand better or something like that. Your remarks about my post illustrate clearly you were not merely asking a question, but you were spinning the burn rate number we know as fact, and then accusing me of wrong doing based on your twisted numbers.
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