I tend to agree about the too many shares comment.Normally I'd...

I tend to agree about the too many shares comment.

Normally I'd avoid small caps with such a big number of shares (fpo's), because it puts a cap on their potential for price rises - but in NEO's case if you look at total market cap it's around $23 million currently, and if they really do have something in those holes they are drilling then there's still room for reasonable improvement in that.

NEO currently has 430 million fpo's with another 50 million or more oppies to be exercised, gives 480 million shares at least.

NDO in same boat, 468 million shares currently with another 144 million oppies due in June? gives 612 million fpo's in June. Not particularly healthy.