I am a director at one of the Bretton Wood's Institutions. I know you'll understand if I don't disclose details because the information is sensitive. I am blessed enough to consistently have access to executives at major companies across the globe. I began gaining interest in NEOM earlier in the year and decided to ask several executives I know their opinions about the technology, the company, and its patents. To be clear, I spoke with executives from Google, Microsoft, Verizon, and GE.
The executives from Google and Microsoft did not even have to look NEOM up because they already knew about the company. The others did some research after I asked them about it. I consider these guys to be geniuses when it comes to understanding this space, which I admit that I don't understand nearly as well. All the responses that came back to me were extremely positive. I will post one of the responses here. "NEOM is the future, whether it is able to stand on its own or more likely is acquired by one of the big fish. I obviously cannot disclose private corporate strategy or discussions, but companies like NEOM are constantly on everyone's mind here. Their patents are an absolute pot of gold! This company will one day likely be a multi-billion dollar company." When I asked, "What about their horrendous debt burden." He responded, "30 some million dollars is a complete joke given the revenues that will be generated by this company alone and within the larger space over the course of the next decade."
Every executive I was fortunate enough to speak with gave me a positive response, but the opinions of the guys at Google and Microsoft mean the most to me because they are almost always right.
Furthermore at the World Bank and IMF Spring Meetings that happened last week, QR codes were everywhere. A colleague of mine was using his phone to scan them and pull up schedules, agendas, and events at the meetings. I asked him more about it and found out he was using Neoreader to scan the qr codes! For so many reasons now, I understand why NEOM is the future, and why the pps is likely headed much, much higher over the course of the next several years. It's a huge acquisition target. By the way, the Microsoft Executive described Mr. Shiong as one of the smartest men in the World. I'm hugely confident in this company even if the sentiment is very bearish right now. Apple had 80% corrections along the way, so some people are down 60 or 70% if they bought a month ago. I'm in at an average price of $0.023. Have no fear, it's headed much, much higher in the long run.
Sentiment : Strong Buy
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