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Re: yellowjacket post# 146751

Tuesday, 08/05/2008 6:28:53 AM

Tuesday, August 05, 2008 6:28:53 AM

Post# of 326350
That's certainly how it has been working ....

.... I can't imagine it changing.

NEOM receives $$ , immediately owes more money than they receive (approx. 10% more , because of the fees) , then starts paying 14% interest , and eventually we 'pay' in terms of the additional dilution.

It is what it is and hopefully it will keep NEOM going , well , not just 'going' but hopefully going and "growing" , until they can make something good happen.

It's going to take some serious efficiencies to grow on a shrinking burn rate.

jonesie

Yorkville / Cornell Tracking Board #board-9964


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