err that was $60 net when price was $100 but now it's probably...

err that was $60 net when price was $100 but now it's probably closer to $45 net and going lower.

I believe he valued camerina and Mygiop layer as 5c and the fully risked cib haz as 7c.

Problem is not the potential value of NEO, it's that there are no investors in the market willing to touch specs.
you can buy blue chips like AWE at PE 3.8, lot safer than NEO......BCC that's making money now and it too is wasted.....


When the market corrects and revenue comes through int he qtrly cashflow statements of NEO she will start to move substantially, but because history says she is a basket case the rest of the market thinks that until PROVEN otherwise, those with risk profile high enough will scoop up the shares down here and make a good 300%+ return in 6 months...unless markets capitulate.

I am one of those buying/holding.....

At least NEO has cash in bank so it can survive for a few years.