I still think some are missing the massive significance of the rise in revenue in the 10q; not the amount, because of course it's still trivial in terms of where most of us believe this company could go (which, whattheheck, despite your current vitriol you assuredly understand is the reason this company is valued over 200 million, not a number related to current revenues but future revenue models), but the fact that Virgin, one of the biggest companies in the world, is paying neom a license fee to access info via a barcode over the internet. The bridge is real. It is valuable. Virgin is paying to use neom's technology. This is the first major company that has now officially, on paper, stated (through its licensing and settlement) that neom OWNs the technology of going to the internet via a barcode.
YEs, as some have pointed out i jumped the gun by proposing that virgin would pay this amount every quarter; it can't be known, from the wording, whether this is the amount that will be paid goiing forward. But the fact is clear; virgin is paying to use neom's tech.
As for the SAIC situation, I am personally pleased that Neom placed this info in the 10q rather than in a pr, at the moment; i don't want to see that pr until the word registry is launched, along with a pr about all the words we now know to be "turned on" explained in terms of the customers who have bought them. Why announce a switch from SAIC to Silicon Space before the word registry launch? I now also believe, as JP has stated, that that launch is weeks, not months away, by the simple fact that this news on saic was put in the 10q and not in a pr. That pr, IMO, is waiting for the word registry launch, to be done in-house, with silicon space as one of the main consulting marketers.
None of this is bad news. If i were running the company, i would do the same. The only thing that i would do differnet, right now, is to put out a pr that says something about the near future, just to keep the pps from sliding on anxiety created by the quiet period. But again, if the bsds merger is nearly complete, or word registry is weeks away, i'd have to wait, wouldn't i?
Anyway, i don't blindly trust managemnt; i do belive that neom's main problems are a lack of ability to properly pr the good things going on, a bad publicity team, and to some extent, a seeming disregard for the current pps. But, IMO, the thing people shoudl be screaming about right now from this last 10q is the virgin payments for the bridge, not the switch from saic to silicon space. The virgin situation is way way way way way bigger in terms of the future of this company and its true worth!
best
Joe
