Did neom have any other avenues for financing besides YA?
This management (NEW) or the one from 6 years ago (OLD)? Old management--YES,
New management-NO
What did they need financing for? What did old or new management ever do with money besides pay themselves very nicely, give nice parting gifts and attend a few trade shows?
If neom did have other options, why didn't they go that route?
Old--DUMB. New--no options.
No, old was not dumb, I showed years ago where Chas Fritz was in another business which did virtually the same thing as YAGI, he and JJ knew exactly what they were getting into and why. Chas, dumb? He walked away with $4MM before it hit the fan. Not dumb.
New, right, no options other than to maintain the facade so YAGI could own more and more of the company, and new mgmnt was paid handsomely for their efforts.
Was neom mgmt that blind when jumping into bed with these guys?
Old--YES. New--no options.
Old mgmt blind? See above. Shall I go dig out my old posts showing just how NOT dumb old mgmnt was, showing Chas knew exactly what he was doing?
Was this the only option for neom to survive?
NEW--yes.
Survive to what? It would have been better for shareholders (except YAGI) at any point along the way for NEOM to go into hibernation mode, spending virtually nothing other than whatever they spent to get whatever (lame and so far worthless) rulings they ever got on their patents.
Was the move to YA strictly job survival and a paycheck for neom
mgmt without any regard to shareholders?
OLD-dumb is dumb. NEW--no options.
OLD not dumb, see above, and I'll be glad to produce the proof from past posts.
NEW had options. Knowing this had been, is and always will be just another total YAGI farce, would YOU be able to look yourself in the mirror after facilitating the farce just to get a paycheck?
Not me. But then I wasn't raised as a Wall Street denizen the likes of which nearly took our financial system down and still ply their wares as before.
All IMO except for the facts asserted.
jonesie
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
