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Thursday, July 30, 2009 11:31:46 PM
You are not at all alone. I cannot tell you how disappointed I was with the results Iain announced today. In the absence of an explanation his results appear weak 5 months after the PTO ruling.
To state during the last conf call that many parties are interested in licensing, and then to make the identical statement today during an interview that he personally scheduled, to announce merely "one" signed deal, is not good business IMO. I am glad he spoke to the Scanbuy case but his results appear weak.
That said, I stated earlier today that IMO there could potentially be a small chance that Neom is interested in keeping the pps suppressed in order to minimize YA's dilutive practices until such time as significant deals can be signed (the likes of MSFT/YHOO).
I am also aware of recent statements on this board by several who have been deemed as experts on the financial and trading aspects of the company. They have stated that YA cannot convert if the pps is below .01. It would be a welcome thought if iHubbers put this to the test and did not acquire new shares for the next 30 days unless the pps is below .01.
Of course, if our resident experts are correct, no one will be able to buy shares below .01 because nobody will be selling ;) Then after 30 days it could become a free for all once again.
Just a welcome thought...Naaah, could never happen ;)
Best,
BC
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