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Tuesday, January 12, 2010 9:44:18 PM
You make an interesting point by virtue of the fact that IMO, regardless of what the filing states, we remain uninformed. We do not understand with any certainty, the intent of this filing.
Yes, the filing hardly seems favorable to shareholders, however, it also becomes possible that it was created around alternative plans...the "what ifs" if you will. "What if" the intent is for a sale, but "just in case" the sale does not materialize Neom/YA would have means to pursue a new round robin of dilution. It is plausible that the future is so bright as to have compelled Neom and YA to go it alone, without a whale. If a sale does not materialize there would need to be contingencies; thus the reduction in par. Likely, perhaps not; possible, yes.
And yes, Codes4real, your theory could also prove spot on, although I feel it would be a mistake for neom to acquire another entity right now...but then again, it brings back a statement from a former Neom COO that pointed to an eventual re-attempt at acquisitions when the time is right.
Bottom line: We simply remain in the dark. We do not know the true intent of this filing, nor the plans which caused it. After considering matters further, I feel my post yesterday best states my views at this time (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45381739).
But IMO a sale (or perhaps merger) is imminent. Of this I feel most now agree.
All of this is simply my OPINION and nothing more..I am PROBABLY mistaken, however, I feel the majority of the writing on the wall points directly to a sale of sorts. The question now becomes...when? End of Jan?..end of Feb?..120 days (Iain has always worked to the last day in deadlines)? I feel a high probability exists that all of this revolves around the EU patent dispute resolution.
Best,
BC
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