neomfriend - ouch
I have only been a shareholder with Neo for 2 day. It may not have been a long time, but I have looked at this company for several months. I only own a mire 50,000 shares. I may buy another 400,000 shares if I see a positive reaction. The philosophy buy low sell high doesn't always justify my reason. I do see a light at the end. To get there we have to stop speaking as though we are going to revolt. Thats why poison pills were made to stop shareholders from owning a controlling stake. I need to ask you neofriend (I love the name, very catchy) 1. Does Neo have a poison pill? 2. Should that be in acted if a company owns more that a certain percentage. If so then you may have a case on blocking this issuance of shares do to the in acted poison pill the company may have.
Phoenix69 - double ouch
"The great math challanged American public. People here seem to have, amazingly, no idea what a reverse split actually means. It changes nothing, but the respectability of the stock. Maybe a temporary downdraft, but what have we had here for years?? Up and down. Let's get the investors who made it past highschool remedial math into this stock. "
I don't know if that comment is in reference to me or not nor will I loose too much sleep over it. Your anger is well understood as well as the frustration with Neo. You need to voice your opinion with them and not a forum. If I was the CEO and read half of this I would probably want to rid myself of troublesome shareholders through a buyback or filing bankruptcy. NOW, don't get me wrong I did not accuse you of being troublesome it is the outburst that has been going on. Do you think anyone interested in our shares would buy them after hearing all these comments. For the price to go up, the reputation needs to change, so must every person that has done this to you (The Shareholder). Now a real good CEO would not do what I said. He would listen to the shareholders and represent their best interest not his. The world we live in.