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Re: Poptech post# 292051

Tuesday, 07/23/2013 3:11:26 PM

Tuesday, July 23, 2013 3:11:26 PM

Post# of 326435
Not sure what you are referring to as a "$0.00003 gain" under Proposal #6.

However, if Proposal #5 is approved then NEOM will be paying down debt a $0.50 per share as you stated only until PPS drops and that conversion rate quickly drops to $0.40, 0.30, 0.20, 0.10, 0.01 and finally right back where we are today at $0.0003.

I don't know why anyone would feel better that NEOM will only use 100 million shares instead of 150 billion when all retail investors will own 99.94% less shares after the RS.

YA will be a lot better off but not retail investors.
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