NEOM Insider Purchases for the last six months total out to ZERO. Not one purchase for nearly a year until about a week ago when Dr. Patrick Soon-Shiong and his Global Grid stepped up and bought 25.9% of the outstanding common stock. Global Grid filed this Schedule 13D:
Between March 14, 2012 and March 16, 2012, Global Grid purchased an aggregate of 113,494,743 shares of NEOM Common Stock on the open market at an aggregate purchase of $3,658,274.15, as follows:
On March 14, 2012, Global Grid acquired an aggregate of 11,894,651 shares of Common Stock at a weighted average price of $0.01 per share, at prices ranging from $0.009 to $0.013 per share. On March 15, 2012, Global Grid acquired an aggregate of 25,000,000 shares of Common Stock at a weighted average price of $0.02 per share, at prices ranging from $0.01 to $0.02 per share. On March 16, 2012, Global Grid acquired an aggregate of 76,600,092 shares of Common Stock at a weighted average price of $0.04 per share, at prices ranging from $0.02 to $0.06 per share.
The funds used by Global Grid to purchase these NEOM shares of Common Stock were from internal sources.
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