dearest shareholders
neos is proud to report 2017 results
we continued momentum of last couple years
during 2017 we failed to close significant projects
left existing customers in limbo do to lacking neccessary software and staffs
failed to close cgg acqisition do to lacks of the fundings
failed to raise needed capitals
fell behind on payrolls by 7 paychecks
reduced headcounts from 75 to unlucky 13
cut salaries of unlucky 13 by 50%
renegged on paying promised 2016 bonus
issued no stocks options to employees
cut entire departments. hr sales legal marketing operations no longer exists
sold offs offices furniture and computers to raise cash
dealt with lawsuits from state employers agency's and angred employes and vendors
had some boared memberships resignation
saw our valuesation continue to decline
we thanks our stakesholder for their confidents
signed your neos chairmen and boared of direction