It told us a few things.
#1 - They are selfish.
#2 - They are greedy
#3 - They don't have a problem robbing shareholders.
"For holders of less than 2,000,000 pre-split shares of common stock, the Company will pay their fair market value (FMV), determined by the Board of Directors, relying upon market information and the opinion of a third party valuation advisor, and has been set at $0.00045 per pre-split common share (the “FMV”)."
They had no problem valuing the entire OS of NEAH at 1.4 million dollars or close to it.
Yet at the same time they had a chart Valuing XNRGI at 450 million dollars posted on the Amobi Capital website.
All patents relating to the battery are filed as NEAH, not XNRGI.
Now, we have all come to see NEAH as XNRGI and XNRGI as NEAH, so how does XNRGI come to be valued at $450 million dollars for the purpose of attracting investors and valued at $1.5 million for the purpose of paying investors ?
That is mighty interesting.
jmho
Bill
