I would suggest you go back to the beginning of the year on Ihub and start reading the posts.
Everyone here, I believe, at one time or another, has asked the same question, how can something with so much opportunity an potential be selling for .285 cents?
The answer is that until the announcements happen, Vodaphone deal with PaperClick, implement the name registry (right now it is only an agreement to start the registry) or settle a law suit in NEOM's favor, it is all betting on what could be.
There is no revenue yet, only hope. But, I have talked to the highest levels in the company and it is for real. I have done my own DD and read a ton about the company. Again, in my opinion this company is for real. THey have agreements with Intel, they have agreements with SAIC, these aren't maybe or hope. Once one of these major events, that I listed above happens, this stock will be up to a $1, IMHO.
The risk is that a court decides against NEOM in a law suit. Do I think that will happen, no. Could it? Anything is possible when you are dealing in the court system.
If what we are talking about were all known and all the agreements done, and the name registry flying along, I think that is when wallstreet will see concrete value in NEOM and the stock will no longer be at .285!
You are smart to be cautious of Penny stocks. This is not a pump and dump board or pump and dump stock. ONe of the directors, the father of C. Fritz, founder owns over 100 million shares. So what do think he thinks the stock is going to do. Plus he held it when the stock was at .40 last year and didn't sell! You may never see an opportunity like this again. It's my opinion, and stock could drop back to .05 tomorrow, but I don't think it will.
Also, if you read the posts here, no one is saying the stock is going to move big next week, or next month, or next quarter.
