Tuesday, December 12, 2006 11:05:14 AM
So your opinion doesnt add up to the facts, when they needed more money then they can sell in stock. Therefore the move was one of desperation. They cant even dump the shares to Cornell because they screwed up that 100 million SEDA, and we all know Cornell wont invest the 40 million that was needed, since they already control all of NEOMs assetts.
So please tell us who they were gonna dump the shares on to raise the 40 million to make your theory or opinion a viable one? Do you know any invester with that kind of cash that wanted in? If they are out there they would have been buying at these prices on the open market and the pps would have some buying support. But as you see a typical day is around 5 million shares trading or about 350,000.00 worth and thats the buyers and the sellers.
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