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Wednesday, March 18, 2009 8:45:30 PM
Good to see you and your relationship are still among the living.
Will you be attending the ASM this Spring?
Here is the comment that was made by Clawmann which I happened to agree with:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36363143
What is it with this RS anxiety? An RS should only cause concern if it is done to prop up a falling share price. If the RS is done - and perceived by the market as being done - to move the stock to a better place (i.e. NASDAQ), it should not be of concern.
Assume Neom gets to .10, and we decide to do a 1/100 RS. All of a sudden one share is worth $10.00 and we are re-listed on NASDAQ. Now a boatload of institutionals can buy, whereas now they cannot.
We replace flippers and traders with institutional holders.
And we move much higher up on the radar screen of Nasdaq and the SEC; and with institutionals holding, it is far more likely that insider shennanigans will stop.
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