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Neonode, Inc. Message Board

  • michaelghioto michaelghioto May 21, 2008 5:22 PM Flag

    Good news the bad news is behind us

    I to was disappointed regarding the sales...
    But the company is still moving forward....
    It was a good move to announce the private placement with the zip in sales...At most the
    stock dropped 15 cents a share...If they waited until might have dropped 50 cents..
    Also they extended the loan that was coming due in June until December..Allowing for the next 3 quarters to catch up..And finally the company board members put up 500,000 dollars of thier own money towards new capital..Now if the company was dead..and you were the CEO would you buy more stock as he did in March..
    or have board members chuck up 500,000 dollars..I dont believe so...In addition they are cutting thier cost by 800,000 per month...
    It will only take a few more sales and this company will go from RED to GREEN..My investment is about 8,000.00 or 4870 shares..
    Stocks are a risk...but this company will have its upside,,,Just be patient and wait....

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