Monday, November 13, 2006 8:03:05 AM
But wait, its these top management guys that saw so much in NEOM they couldnt jump on board fast enough right? Reading the posts here thats the impresion I get repeatedly, even when its disputed with the fact that many of the subs didnt have many options but to agree to a buyout by someone. They were provate companies that cant issue shares to stay operating, and as I pointed out 1 had 8 million in liabilities alone when taken over, and was non profitable. The private lenders dont like to see 8 million in debt when you come asking for more loans, on top of losses. But then again these Owners knew more about NEOM then anyone else so they had to have seen things we dont know right?
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