InvestorsHub Logo
Followers 0
Posts 1520
Boards Moderated 0
Alias Born 12/09/2005

Re: woogerbear post# 46952

Monday, 12/12/2005 11:45:04 AM

Monday, December 12, 2005 11:45:04 AM

Post# of 326354
Woog.....I resent your labeling me as a basher, because I have concerns over the direction this company has been headed.

As an investor, my concerns are just as valid as your hype. Probably more valid, when you consider them honestly.

I for one do not believe its in NEOMs best interest to be starting a new division outside their core operations, especially when the existing 3 business' arent profitable yet. I for one do not believe more of the retail investors money should be spent chasing yet another venture, at the expense of having to borrow million more from Cornell to fund that venture.

I for one as an investor, am also puzzled about how CSI the last venture went from a profitable one, to losing money massively 2 years later after the NEOM acquisition.

I for one as an investor also am very concerned about a company I own, when there are 3 completely seperate divisions, and 34 employess. Exclude the officers and whats that leave you per division.

Then after honestly considering all this, look at the massive dilution going on. Look at the fundamentals, when this stock has a share value of .01 a share etc.

Yes it all could change.

But my concern is legitimate, and the example I gave in my last point was to illustrate a point. In that post I mentioned TFSM had all the patents for internet advertising. The problem is they didnt have a web portal to place their clients ads on and needed the likes of Yahoo, Google etc, and was forced to give them licenses for nothing, in order to form a partnership, so they had space to place ads.

The reason this concerns me with NEOM, is because I see no revenue from the licenses they are granting to speak of either, and it concerns me they may be giving away the ship to the giants, so they too have partners which are needed. That puts them too in a position where the giants use their patents for free in exchange for partnership.

If you think these are not legitimate concerns that should be discussed here, thats your opinion. And the good thing is we can have different opinions, and in the end maybe the average investor learns some things they hadnt considered.

If that makes me a basher so be it. But I would go on to say, I havent called you a pumper have I????????