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neom2006

07/29/08 2:23 PM

#146216 RE: TVDirector #146215

I hear ya TV.

My big concern is that YA is just spoon feeding us UNTIL a firm result comes out of the patent office. If the result from the patent office is positive, I fear that YA will know that they have a gold mine in hand and they will at that point kick us shareholders to the curb as they dont need us for anything after that. If the result is not positive from the patent office, they will just keep milking until NEOM is dead.

YA owns EVERYTHING right now and there is not a chance that any outside investor is going to team up while YA is involved.....never gonna happen. IMO

I try to see the positive, but that darn reality keeps getting in the way. :)

good luck to us all...we need it.
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jonesieatl

07/29/08 2:33 PM

#146217 RE: TVDirector #146215

It could be worse I suppose ....

.... several of us discuss various dilutive financings by different financiers.

While we're used to seeing Yorkville's 20% discounts on 10-day VWAP .... we can thank our lucky stars N/I/R never got us.

Try this on for size:

"Notes bear interest at 8%, mature three years from the date of issuance, and are convertible into the Company’s common stock at any time, at the Purchasers' option, at 35% of the average of the three lowest intraday trading prices for the Common Stock for the (last) 20 trading days

That's a 65% discount to the lowest intraday

So hey .. we've got it great lol

jonesie


Yorkville / Cornell Tracking Board #board-9964


"I can think of no more valuable commodity than information"
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elliot1234

07/29/08 3:50 PM

#146220 RE: TVDirector #146215

Good summary!

Howard