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Re: lesnshawn post# 44403

Wednesday, 11/16/2005 10:25:11 AM

Wednesday, November 16, 2005 10:25:11 AM

Post# of 326396
Lesnshawn, my understanding is that it would be in neom's best interest to report any substantial and real news they could, since a higher pps would result in a better situation for them re the bsds merger. They wouldn't hold back news they could legally report during the qp, only that which the sec would perceive as breaking the rules of the qp. I believe alexandre is correct, that if there had been deals signed they would have been reported, as to not report them would be a violation of sec rules. And if a deal was close to being signed, neom would rather rush it through and get it signed before the end of the merger, not the other way around. Neom wants a higher pps, not a lower one. The reason we are trading at this price is because there has been no significant news since the launch of the word registry, and as it appears from the sec filing re the late 10q, there has not yet been any substantial revenue streams generated from the registry or paperclick. The assumption, then, is that there is most likely some new dilution to cover operating costs, as revenue did not increase significantly and costs continued. We who believe in the potential of neom believe it should be valued at more than 150 million market cap, but there is no reason, at the moment, for the larger market to agree with us. Until word registry proves a revenue stream or some deal is brokered with a major player like microsoft or yahoo or google, we will probably stay in this price range. The very idea that this could be a billion dollar company, meaing a pps of 1.50 or so, hinges on it bringing in hundreds of millions in revenue, something that simply hasn't been shown yet.

Personally, i think the qp is less significant in terms of pps than many have suggested. Real news has been, and will be reported, and if there was news to raise the pps available, it would have been pr'd. That would be in neom's best interest.

Best, and still holding long and strong,
Joe