If Billfold Gates..
had even an inkling of interest in NEOM; why was the company signing highly dilutive, shareholder eroding financing arrangements with a well-known vulture capital firm concurrent with the rumor of percolating MSFT interest?
There is a reason this stock is trading just north of a nickel, down over 90% from it's highs just two years ago and just above three year lows.
The argument that the market for the technology is fledgling and the stock market is unaware is complete balderdash. The market is a forwarding looking mechanism. The stock market takes flyers on techology that is years, sometimes decades, from producing an economic return. Case in point - biotech. There are biotech companies that generate zero revenue, and prospects for revenue generation seen years into the future, that attract billion dollar valuations.
The conspiracy regarding short sellers, competitors and bashers is just that - a conspiracy theory rooted in ignorance and paranoia. It is asserted to further obfuscate the reality of the situation and to insulate the true parasites of this company - current management and BOD - from justified condemnation.
The objective observers of this trainwreck see the problems, and cause of, quite clearly. Only those individuals blinded by their financial interest in the company, while probably buried in their positions, refuse to accept the impenetrable "truth".
The fact of the matter is the shareholders represented on this thread probably learned of NEOM through electronic message boards or from someone else who did. They were persuaded into this money pit through the misinformation and baseless speculation that is pervasive on penny stock message boards, this one included. It follows then since "they" were influenced by this board then others can likely be influenced as well. And the slippery slope of a ponzi scheme begins. Hence the near draconian censorship and attack dog response to opinion that may cast the company in a light other than some glorious company on the brink of making it's devoted followers millionaires many times over.
It's both sad and silly how group-think seeps into the financial decisions of individuals and these message boards are ripe with examples.
