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***Anyone remember NEOM?***
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[QUOTE]Originally posted by whizknock: [QB] For newbies. Why buy? The short story,,, Yesterday there was a PR stating NEOM & Scanbuy had reached a settlement. Then we had a decent run-up & closed near the high of the day on the largest single day volume in NEOM's history. Then NEOM filed an 8K disclosing a "Significant Material Event" The 8K started to hit the news wires right after the close & people had all night to digest the fact that it's not a settlement at all. It was an absolute surrender by Scanbuy & left Neomedia with virtually no competitors as the uncontested toll collector of the entire mobile marketing sector. Scanbuy actually becomes a sales agent for NEOM. Two large companies had already signed up & have agreed to push the mobile marketing applications using & even promoting NEOM's IP. Knowing how mobile marketing took off in Japan, even if we had a market cap of 500 million we would be grossly under valued & people would be climbing over each other trying to get in. Today we're just watching MMs & flippers trying to improve their positions. At a cost average og .0076 I'm happy with mine where it is & wouldn't sell at gunpoint! Hope that answers anyone's questions that are new to the board. Do your DD quickly. at 2 cents a share no one has missed the boat. Sentiment : Very Strong Buy [/QB][/QUOTE]
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