Monday, May 18, 2009 2:03:17 PM
I've always been impartial as everyone here knows , with a tendency towards viewing Neomedia through dark (not rosy) glasses because of their past and continued non-performance , the self-enriching of execs going all the way back through Chas' cashing out while pumping the company and the current continuation of self-enrichment , their incredibly horrible business decisions which killed our share value and put hundreds of millions of shares in other entities' pockets , and their choice of financier. I researched, analyzed and posted huge amounts of data on NEOM , its SEC filings and its financier for what turned into years , even when that data illustrated exactly why NEOM would most likely hit .001.
In other words , I did not 'post to my position' as facts are facts regardless of whether anyone owns stock or not or at what price they bought in , so your 'trust' is well placed.
There's no way to know for sure but judging from YAGI's history with other clients YAGI will 'finance' NEOM as long as they think there's a buck in it for them and they will let NEOM stay public (i.e. , not default NEOM and yank the rug out from under common shareholders) as long as YAGI can continue to sell shares on the open market at a profit and until if/when YAGI receives a buy offer which is more profitable than selling shares. At that point in time I believe YAGI will exercise every last one of their myriad rights and show once and for all just how much of the company they own and how little they will leave to common shareholders to divvy up.
That's what I think will happen with their financing , or indentured servitude , whatever it is called lol.
As to buying back in or not that is certainly an option based on the right situation and right price. In spite of recent PRs , USPTO 'news' and claims to the contrary ... IMHO it hasn't gotten 'right' yet.
JMHO
jonesie
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
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