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brewskih

11/16/06 8:54 AM

#99623 RE: ss9173 #99620

The shares are a wash, they issued 33 million and got them back so its a net gain or loss of zero on the shares. Its the 6.1 million cash they took a loss on.

Yes you can say the gain is much more due to guaranteed share price they dont have to pay etc, but what I am saying is if yhe deal never occurred to begin with NEOM would have 6 million plus more cash on hand as we speak.