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Re: Vercingetorix post# 156065

Saturday, 03/07/2009 4:29:23 PM

Saturday, March 07, 2009 4:29:23 PM

Post# of 326338
jcg, you could be right.

I'm not trying to convince anyone to share my opinion or change theirs ... just stating mine. As someone else said the other day ... "discuss amongst yourselves". ;)

What ifs:

(1) -- what would force YA to hold an auction? I've shown SEC filings for other YA clients where they took those companies' assets/IP/etc when they were in default and in one case that I recall , put those assets into another publicly-traded company they had their hooks in. YA's actions had nothing to do with how much was owed to them ... it was solely based on the default situation and because ... YA could do it if they wanted to.

The shareholders were shocked.

Nothing changed due to their shock.

(2) -- after selling their endless supply of shares to the public for as long as people seemed willing to buy , and/or not seeing the stock appreciate like in times past , even with some arguably good news out there ... YA decided to give it up and sell NEOM to an entity who had made overtures at a cocktail party.

After having made that decision in their minds , YA defaults NEOM , owns everything , waits a 'proper' and discrete amount of time and closes the sale.

I imagine there are several ways YA could accomplish getting ALL the value out of NEOM if they want to , when they want to. My speculations as to the 'how' could be wrong , but that doesn't mean there aren't ways.

Again , not saying you're wrong , just voicing my opinion based on all the things I've seen YA do , many of which left retail shareholders flat-footed and mouths agape.

Like I said earlier , here's hoping that YA sees a calculable benefit in keeping NEOM around as a publicly traded company trading under the symbol NEOM. (I know, they could change the symbol without changing anything about the shareholder structure, but everybody knows what I mean lol)

jonesie

Yorkville / Cornell Tracking Board #board-9964


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