Yeah exactly what im hearing.. shares are being used as collateral for lenders , so they will buy GBIXQ shares , and conver them to NGI amex shares at $4 a peice , must be nice for those lenders.
NEOM stock closed at $4.77 yesterday, and seems on a steady climb upwards. From what I read yesterday, Globix is a former Bell Laboratories company, so no fly by night. It's only been trading since February, and the chart has been climbing steadily. $4.00-$5.00 may be only the beginning. (I'm just wondering why the interest in picking up these shares now, when they could have done this anytime after March? Is there a deadline that was going to expire, or did they suddenly realize the stock could pop? Unsure, captain!):