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Re: beacon27 post# 102621

Thursday, 12/07/2006 11:51:40 AM

Thursday, December 07, 2006 11:51:40 AM

Post# of 326388
One of the MOBOT share holders brought a suit against NEOM for not registering the shares in the time required in the acquisition agreement, so that they would become sellable shares. That has been mentioned in the past 2 quarters 10Q filings, and I have commented on it here in the past. NEOM was supposed to register the shares sometime mid year and they didnt. They even had a preliminary hearing on the matter, where NEOM the day before the hearing filed to register the shares, then pulled the registration once the hearing was over.