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luckyrabbit

10/30/09 5:47 PM

#194007 RE: roepieroepie #194004

its called "death spiral financing". YA knows what they are doing and they are masters at it. Ask anyone about YA in the finance industry and they will say we are screwed if YA has its hooks in us. Prior NEOM management screwed us over and this is what we have to deal with. There is no good spin to dealing with YA. Sure, they have kept the doors open, but if way back to Chas, they had been smart and used a real VC or banking institution for funding, we would not be in this mess. Dont let anyone tell you otherwise, we are in a mess and if the shareholders make it out alive, it will only be by the good graces of YA.

GULP..........
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yellowjacket

10/30/09 9:59 PM

#194041 RE: roepieroepie #194004

YA is recouping its investment--that in itself reduces YA's risk. Once that's complete and YA has recouped all of its investment, then YA has 1B warrants it can exercise. No way can/will NEOM 'rid itself' of YA. YA took the risk...so YA's gonna reap the reward. NO white knight is needed. NO CHANGE OF CONTROL IS NEEDED FOR NEOM TO SUCCEED. **They key was/is Neustar.** NEOM has the necessary IP and the Big Boys **GOTTA HAVE IT** and are gonna have to pay the piper--NEOM--either pay by licensing directly from NEOM, or pay via a license from Neustar. JMO. YJ.