Thursday, February 22, 2007 12:59:20 PM
I agree that a class act. lawsuit against neom for the screwups of the past year is the last thing we need, but I still say it is absurd that what's left of management still seems to be operating in a silent vacuum here. I mean, they fire their CEO and COO, come out with a shareholders letter basically saying that the events of the past two years were one big and costly mistake, sorry, too bad about all the money you all lost but we're gonna reprice our options and start over, we are going to restructure and sell off the pieces and hire a new CEO- and then, silence??? We need weekly updates, IMO. We need to know that things are moving forward. We deserve to know what's going on as much as we can.
Is the turnaround specialist authorized to submit pr's? Or does that all have to go through our acting CEO. Because I certainly have some concern that the man shepharding our pps at the moment is the same man who was selling a million shares at .25 right after authorizing 5 billion new shares. I want the turnaround specialist in charge of the pps and our pr's. And I want to hear from him every week in a sharholder letter until this stock is back at .39. I don't think that's asking too much, considering that it's us who paid for the turnaround specialist.
Sorry to sound so negative again, but i am still apalled that this month has gone by with no new news concerning everything that neom is trying to do. I mean, it's just sad that the best thing we can hope for right now seems to be a sale of 12snap at a huge loss in terms of stock and cash, just to cover a purchase price; i mean, we're selling the thing we purchased to only partially pay off what we purchased it for?? I don't want to see a lawsuit either, but I do understand the sentiment.
Anyway, here's hoping that management is reading this board and responds with something.
BEst
Joe
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