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Re: Personalizit post# 144959

Thursday, 07/03/2008 10:41:28 AM

Thursday, July 03, 2008 10:41:28 AM

Post# of 326352
"They play on the assumption you'll think it's up"

Kind of like 'playing' with the implications in Iain's employment contract , throwing out that $200MM sales number?

IF selling NEOM is Iain's primary mandate , how would that sales range ($45MM - $200MM) work out for us?

If Yorkville were somehow 'stuck' with the 5 billion Authorized Shares number , $45MM / 5B yields $0.009 per share. We'd all get cashed out 3X above where we are now , and Yorkville's 4B shares would give them $36MM.

Yorkville might work a bit of magic and somehow take advantage of the substantially higher number of shares they have rights to via Preferred, Warrants, etc , at these low prices per share. In NEOM's own filing they said the fully diluted share count was 9.6 Billion and that was when the PPS was .008 .... so maybe that would be a little lower if NEOM got sold for .009 per share , perhaps closer to 8.5 Billion , leaving Yorville 7.5 billion after accounting for our 1 billion.

Perhaps Yorkville could vote-and-pass an increase in the Authorized to 10B. Take that $45MM sale price and divide by 8.5 billion shares , that would give a per share sales price of about $0.0053 and would give Yorville around $40MM ... $4MM higher than if they were stuck with the 5B Authorized.

Add in a third option of first doing a reverse split which would allow Yorkville to convert-and-own their maximum percentage of NEOM .... we'd be left with an even smaller amount to divvy up , Yorkville would be even closer to getting it all , and potentially leave us with as little as $0.0018 per share at a $45MM sales price.

Of course , if Iain could pull off a miracle and sell NEOM for $200,000,000 .... everything ratchets up accordingly.

If Iain did that , and then by another miracle they decided not to totally rip off us shareholders .... $200MM / 5B = $0.04 per share for everybody , Yorkville would get 4B times $0.04 or $160,000,000 .... and call it a good day.

If Yorkville maxed-out their percentage ownership by utilizing that R/S or some other magic .... we could get as little as slightly under a penny per share at a sales price of $200MM.

Or something like the above! :)

Just playing with some of the assumptions they're playing with us ... with. lol

jonesie

Yorkville / Cornell Tracking Board #board-9964


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