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Re: None

Thursday, 12/07/2006 10:06:52 AM

Thursday, December 07, 2006 10:06:52 AM

Post# of 326388
Beacon.........I think what is missing and why the numbers dont make sense, is everyone is forgetting that NEOM paid MOBOT 3.5 million cash in the buy out. And based on this PR it appears mobot keeps the 3.5 million and also gets an additional 200,000.00 as agreed in the promissory note. Will have to wait until the agreement gets filed to verify, but obviously MOBOT owners arent paying NEOM back the 3.5 million if NEOM has to sign a promissory note to them. So it appears the 18 percent cost NEOM 3,750,000.00 when all is said and done, plus all the costs that were associated initially.