We are our own worst enemies in YA's game. We speculate about white knights like google, dr. soon, verizon, AT&T... and if Bill Gates or Warren Buffet are spotted scanning a QR code, we can start speculating that they must also be part of this imaginary bidding war for NEOM.
From YA's perspective, how do they see the situation? NEOM is one of YA's largest "investments". But it's strange when you go to Yorkville Advisors website and take a look at 140 investments dating back to 2003, you won't find NEOM on the list. Perhaps the death spriral financing that is choking NEOM to death is not the best example to use in YA's marketing materials...
What keeps YA up at night is that investors wise up and quit buying this stock and then they no longer have any way to convert their debt to shares that they can sell at double or triple their conversion price. Despite other posts, I see no reason why YA wants the price to go down when they can convert at $.0056 to $.0070 and sell at well over $.01.
In the end, YA's worst nightmare is that their only alternative is to foreclose on the patents and then be forced to find a buyer willing to pay a very large sum for patents that generated all of $706,000 in gross profit for NEOM for the entire year of 2011. Seems like NEOM is having a difficult time finding a single customer willing pay a modest licensing fee for the technology. Unless a buyer can be found for the patents that is willing to pay more than $50 million, the long-term prognosis for the common stock is that it is worthless.
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