Soccerlogical, I value your posts and I've thought about a r/s since it became inevitable.
I'm not so sure that we won't be helped by the r/s.
I think NEOM has run out of buyers. It's been around for so many years, with such a checkered past, that I believe it has become tarnished.
It needs to do two things. (1) Get non-dilutive financing and (2) recapitalize with a reasonable number of shares outstanding.
IT NEEDS BOTH--one without the other won't work.
I understand what you're saying. I was CEO of a penny stock public company whose PPS went up over 1000% in two weeks but that was a far different situation then NEOM.
Right now, considering the stock environment and the present possibilities that are there for NEOM, I'd rather own 10,000 shares after the r/s then 1,000,000 before.
Regards,
Howard