Saturday, March 31, 2007 10:05:38 AM
Most on here do, of course, but there are still a few I won't name, who will look at that and say there is still a chance, once we get discovered, or get our due, or whatever.
The current group of common shareholders have been sold down the river, that much is for sure.
Neom will not be the first company to be destroyed by dilution, nor the last. It may limp on, just not for any meaningful value relative to what was paid for the stock by the vast majority of people on here.
If you start looking at how much money the company must make, and then factor in how that must be divvied up on a per share basis, you can see that the chance of any meaningful recovery is dim, as in very dim.
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