Sunday, November 01, 2009 7:33:27 PM
I am aware of Yorkville having the pan by the handle regarding NEOM, but I think that Yellowjacket scenario is possible, unless, we find out that YA has dilluted way past the controlling 50%.
At this point, we can't tell for sure what is going to happen. But for all of the confusion about the different possibilities/scenarios, I believe we all agree that buying under 2 cents and not above is playing on the safe side (that is a key number in the conversions, options, etc.)
We need to see the next two 10Q to have a more complete picture as the next one will only disclose information pre-Neustar-Scanbuy (correct me if I am wrong). The next one (Nov 15) will show prettier numbers as we closed that quarter in the underworld of subpennies, so the debt must look prettier ;)
There are possibilities, many I would say. YA screwing us, shareholders is one of them. I just believe that they could still make a lot of money without sending us to hell, so I keep my mantra under Yallowjacket scenario. There is no reason for YA to screw us, unless it is just a pervert pleasure they have above making money...or that the barcodes don't gain any traction (which I don't see happening).
All the best,
Vero
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