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Thursday, December 14, 2006 11:32:42 AM
The truth is, which we did not know at the time, was that Qode was not near ready to be launched. Either TS or NEOM was misleading investors that it was much closer to reality.
On the positive side, News Corp is no dummy. They were laughed at for starting the FOX channels 10 or so years ago, and when they bought My Space. Now both are resounding success stories.
Rupert Murdoch and his people have a knack for seeing the future trends. This bodes well for NEOM.
As I have stated before this all will take more time than we would like, but I'm holding on for the long term payoff.
DannyJoe
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