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Re: ss9173 post# 99620

Thursday, 11/16/2006 8:54:26 AM

Thursday, November 16, 2006 8:54:26 AM

Post# of 326354
The shares are a wash, they issued 33 million and got them back so its a net gain or loss of zero on the shares. Its the 6.1 million cash they took a loss on.

Yes you can say the gain is much more due to guaranteed share price they dont have to pay etc, but what I am saying is if yhe deal never occurred to begin with NEOM would have 6 million plus more cash on hand as we speak.