jonesieatl: Great view of the days action, I appreciate you posting that.
Time after time it's apparent that the stilts which hold up any measurable, appreciable increase in share price, soon crumble only AFTER the massive increase of weight they must withstand from the millions of additional shares sold (to who?...nobody it apprears, hmmm) and dumped on top.
I'd be surprised if we DON'T see another leg down from here, especially after the CC. That thought is soley based on my experiences in pennyland...no more, no less. Unless maybe if we get around that time solid news/evidence of an additional source/commitment of funds that IM has found...that could change things in a heartbeat.
Nothing against NEOM at this point, what the heck, gotta give 'em another chance. BUT, I'm afraid if IM leaves and no additional source of income was found by him, unfortunately, this company may be on the chopping block at that point.
I come to that conclusion because YA brought IM on TO SPECIFICALLY FIND FUNDING because they're obviously getting tired of pulling the whole load by themselves. IF IM can't deliver, how many more $$'s is YA going to put up before they FINALLY find that "special someone" w/ the "right connections" to bring in additional funds to lighten their load? My guess is not too terribly long, especially if an unfavorable outcome seems imminent in the patent case. It doesn't really matter what IM or CH say about it "not (being) about the patents", it IS about the patents to YA because that's all they got...well, besides a ton of diluted shares that, uh, they seemingly can make a fortune on anyway. loL!
Sure, YA will accept a sound business w/ a growing revenue line and bright future if the patents have too many holes to float the boat but it's a race against time. Which comes first?
Additional funding "Succesful" business Favorable patent outcome Unfavorable patent oucome YA pulling plug
But, I will say that as long as NEOM can keep the trend up of borrowing less money every time they go to the well then maybe the stilts can hold up one of these days.
LET'S GO, NEOM! WHATEVER YOU'RE DOING, KEEP IT UP! WE'RE PULLING FOR YOU!
lns
p.s. -But, it would be nice to hear through official communication lines what it is you're doing. :/ The YA/Bena connection looks a bit suspicious.
p.s.s. - Mods, speaking of YA...some info on them and their connection to NEOM in the header would be beneficial to new investors, IMO...unless I missed something there.
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