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in4it

03/18/09 9:34 PM

#157596 RE: JPetroInc #157589

JP, Claw and anyone else think that "with institutionals holding, it is far more likely that insider shennanigans will stop."

We all know that Neomedia has been on the "SHORT" list. Even though OTC stocks are not supposed to be shorted. It is obvious that in NEOM's case it was, IMO. Who is watching, the SEC? NOPE! No one is, except the hedge funds.


Watch this video:
P.S. I do not care for anyone of these guys but it is interesting to hear about how the system REALLY works.
http://www.thedailyshow.com/full-episodes/index.jhtml?episodeId=220533

This is a well known analyst of the market and stocks. In the interview he talks about a hedge fund shorting stocks. WELL KNOWN STOCKS. He talks about it @ 8:58. Apple was the rumor target and what other companies mentioned, (Verizon & AT&T) @13:00 to 14:00 minute mark. HE SPELLS OUT THAT THE SEC DOES NOT RECOGNIZE IT.

IMO, Let NEOM make the money the hard way from here. Post the profits, make deals, and show that the business is profitable and increasing revenue, debt reduction / ELIMINATION owed to YA. Then and only then they announce a share buy back.

IMO,
in4it

jonesieatl

03/19/09 6:29 AM

#157649 RE: JPetroInc #157589

JP

And it was that comment (which clearly I read since I was responding in that thread) that I showed to be anything but "precisely right" as you stated.

Actual share price is but one part of getting on the Nasdaq so why talk about a R/S-induced higher share price putting NEOM there "all of a sudden"? As I pointed out and substantiated , it takes several other things some of which have to take place over years to put a stock on the Nasdaq.

Therefore it might be more accurate to leave that particular hopeful dot out of the picture for the time being. The Nasdaq isn't in the picture for quite some time. Moreover , if it is ever in the picture , and if all the rosy prognostications of share prices in the dimes and quarters being just around the corner come to pass ... any R/S that might help get us there would take place at a share price much higher than a dime ... right? ;)

Has there been a shareholders' meeting announced? I guess that must be one of the items I missed over the last few days? Lest you think I haven't been paying attention , I do know that last October NEOM said "We are also in the planning stages for our annual meeting of shareholders which will be held in May or June of 2009". I wonder if they even remember saying that? lol HAS there been further mention of it , other than in a passing over-the-departing-shoulder comment to Bena after cocktails with YAGI, like "oh , and tell the shareholders we'll have a meeting soon!"?

jonesie