I've said before that I couldn't figure out where all the stock for sale was coming from, and as I posted before seeing your message now, much of the selling must be Cornell/Neomedia raising money. I assume that when I bought my 10,000 shares today that the money may end up with Cornell, and Neomedia indirectly.
Your questions that you posted sound well thought out and researched. You seem to be implying a waste of millions and question the purpose and who really benefitted.
Will be interested in following the story. Seems to me that Cornell involvement is complicated and lucrative and there is really only one place that any substantial money is comeing from and that is the trading and sale of NEOM stock.
By the way, I'm long 360,000 shares, bought at higher prices, and hopeful.
Mike