Paradigm, though I agree that the past few months have been abysmal, and that management has made major mistakes that have cost many of us a fortune, i wholeheartedly disagree with your assessment of this board and the DD that has been done here, as well as the role many of neom's "cheerleaders" have taken.
For two full years the "cheerleaders" provided DD on neom and its many ventures as the stock rode from .07 to .70- while bashers continued to bash, telling everyone to sell at .1, at .2, at .3, at .4, at .5, at .6. They bashers were absolutely wrong at every step of the way. Then the stock peaked at .7, and began its ride back down. It was the "cheerleaders" turn to be wrong, at .6, at .5, at .4, at .3, at .2, at .1, and at .05. Many, many, many of us bought in along the ride up; others bought in along the ride down. Some of us sold along the way up, others along the way down.
The only constant, in fact, has been the enormous amount of DD that a few bright, well read individuals have placed on this board, simply to help educated those of us who don't have time to fully research the mobile marketing arena. Those who provide DD are, in fact, the only ones who deserve zero blame and full respect.
In hindsight, it seems that the bashers were utterly incorrect for two years as the stock rode from .07 to .70, and the cheerleadres were utterly incorrect as the stock dropped from .70 to .04. Neither party has been entirely right, and neither party has been entirely wrong. The DD provided to this board, however, has made us all more knowledgeable, and that is the purpose of this board, isn't it?
Anyway, those of us who still hold shares do so because we believe in the tech, and pray that management's new vision will somehow raise the stock price. I do agree that management needs to show the current shareholders that we are not simply here to fund their restructuring- at the expense of our share value. However, this is a bet that I am taking, fully aware of the dangers on either side. This stock rose once before, it can do so again; the dilution issues put a cap on where it can go, but .30 in six months would still put many of us back on top. With a few good pieces of news and well functioning pr campaign, that seems very doable.
Best
Joe
