Friday, August 17, 2012 1:29:45 PM
This is not the bottom. Again, I remain confident Neom will succeed, however, not until YA is removed from the equation, and because YA has been assign the rights to the patent portfolio it becomes doubtful that a bank would contract a loan to get Neom on a new path. At current volumes this will dilute us quickly enough that the pps will continue dropping. As the pps falls the buyers come in droves and we coild soon see 100,000,000 shares/day thrown into the fire. Volume is our enemy until substantive news... In short, now is not the time to buy. ...JMO. Instead, I remain on the sidelines without further investment.
Best,
BC
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