SureTrader Nadex Advertisement Interactive Brokers Advertisement SureTrader
Home > Boards > US OTC > Computers - Software >

NeoMedia Technologies, Inc (NEOM)

NEOM RSS Feed
Add NEOM Price Alert      Hide Sticky   Hide Intro
Moderator: Personalizit, no_brag_just_fact, neomania, WarMachine
Search This Board: 
Last Post: 5/24/2017 8:35:00 PM - Followers: 935 - Board type: Free - Posts Today: 21

NeoMedia Technologies, Inc

On June 1, 2016, NeoMedia Technologies, Inc., a Delaware corporation (the “ Company ”), received a demand letter (the “ Demand ”) from YA Global Investments L.P. f/k/a Cornell Capital Partners LP, a Cayman Islands partnership (the “ Lender ”), regarding payment in connection with one or more purported events of default under the terms and conditions of certain financing documents entered into by and between the Lender and the Company (the “ Financing Documents ”). The Financing Documents are comprised of those certain amended, restated and consolidated secured convertible debentures filed as exhibits to the Company’s Quarterly Report on Form 10-Q on October 28, 2013, in addition to the transaction documents related to the issuance and collateralization of such securities. As a result of the stated events of default, the Lender is making demand upon the Company for payment in full of all amounts due under the Financing Documents, which is $43,501,613 (as of June 1, 2016) in principal and interest accrued as of the date of the Demand, and also seeks all interest, fees, costs, expenses and costs of collection (collectively, the “ Amounts Due ”). The majority of Company indebtedness was incurred in 2006.

The Demand states that if the Amounts Due are not immediately paid in full, the Lender may commence all appropriate action to collect the outstanding indebtedness without further notice, including without limitation, conducting a secured party sale under the Uniform Commercial Code of all collateral pledged by the Company pursuant to the Financing Documents, including the Company’s assets, as provided in the applicable security documents entered into by the parties.

 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:           June 7, 2016 NEOMEDIA TECHNOLOGIES, INC.
     
  By: /s/ Barry S Baer
  Name: Barry S Baer
  Its: Chief Financial Officer
 

The 8K posted above is the last filing for NEOM at this point in time. Since then YA Global Investments has seized
ALL ASSETS.
In no uncertain terms this means that NeoMedia has NOTHING.
The rumor of a company called NM, LLC being part of NeoMedia is false.
The rumor that NeoMedia still has rights to barcode/QR code patents is false.
The following emails were received on 10/25/2016 and 10/26/2016
from none other than NEOM CFO Barry Baer himself.
They are clear and self evident as to the status of NeoMedia


 

1) In response to your questions, our debt holder issued a demand notice and on July 8, 2016 took all assets of the company to include the company's intellectual property.  I am not aware company stock has been trading.

NeoMedia Technologies, Inc. | Barry S. Baer, Colonel US Army (Retired), Chief Financial Officer , +1.317.201.0756 (US - mobile)
 

2) I am surprised to still see trading as indicated previously the company has no assets.

NeoMedia Technologies, Inc. | Barry S. Baer, Colonel US Army (Retired), Chief Financial Officer, +1.317.201.0756 (US - mobile)

NO ASSETS! Pretty clear and straight from the CFO


No Information

Indicates companies do not provide disclosure. Publicly traded companies that do not provide information to investors should be carefully researched before making any investment decision.

  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
NEOM
Current Price
Volume:
Bid Ask Day's Range
PostSubject
#320289  Sticky Note Popt: Hahaha!!! DTC CHILL LIFTED !! lesnshawn 05/08/17 12:09:01 PM
#318940  Sticky Note MORE PROPER DD for everybody concerned as to WarMachine 11/27/16 10:02:19 AM
#320481   LOL! Yeah, pretty sad that someone needed to WarMachine 05/24/17 08:35:00 PM
#320479   With $50 buy my friend! PClick 05/24/17 05:44:00 PM
#320478   Up 100% today. Personalizit 05/24/17 04:05:48 PM
#320477   Yes, and you will have noticed that as Be Confident 05/24/17 02:34:20 PM
#320476   war: I figure most of the exits Poptech 05/24/17 01:36:00 PM
#320475   Maybe the attempted push fail was enough some WarMachine 05/24/17 12:49:26 PM
#320474   Yes Pink 170M sold, that is what matters, tundra1 05/24/17 10:58:12 AM
#320473   pink: Yesterday, was 170 million sell trades (using Poptech 05/24/17 10:38:06 AM
#320472   170 million shares bought yesterday PinkZombie 05/24/17 10:24:29 AM
#320471   LOLOLOL rocket18 05/24/17 08:22:49 AM
#320470   rocket: The date of determination by the Poptech 05/24/17 08:12:31 AM
#320469   LOL, date from 2012! rocket18 05/24/17 08:07:48 AM
#320468   lesn: Yes, yesterday was a massive sell Poptech 05/24/17 08:04:11 AM
#320467   rocket: NM, LLC still owns the patents. Poptech 05/24/17 08:00:24 AM
#320466   NeoMedia owns the patents. That's the evidence. rocket18 05/24/17 07:05:32 AM
#320465   rocket18: NM, LLC. owns the patents. That link keepitrealplease 05/24/17 06:56:51 AM
#320464   NeoMedia Facts! rocket18 05/24/17 05:01:35 AM
#320463   Accumulation!!! rocket18 05/24/17 03:25:45 AM
#320462   I am sorry today's action was all selling. jacksira 05/24/17 01:30:41 AM
#320461   jack: When the .0001s are all bought up lesnshawn 05/24/17 12:28:28 AM
#320460   500,000 shares bought 170+ million sold I must jacksira 05/23/17 06:52:50 PM
#320459   Even it does, how do you think you jacksira 05/23/17 06:50:41 PM
#320458   https://www.nfcworld.com/2017/05/19/352524/android-pay-gets-improved-loyalty-fea Be Confident 05/23/17 06:20:23 PM
#320457   Of course, we have yet to see QR Be Confident 05/23/17 06:12:40 PM
#320456   Pink, The technology has ripened on the vine. Be Confident 05/23/17 06:06:00 PM
#320455   that budget pump is turning into something much neomania 05/23/17 05:30:08 PM
#320454   Nice vol today. inforthemoney2 05/23/17 04:16:03 PM
#320453   neom: Yep, a massive exit. Poptech 05/23/17 04:15:40 PM
#320452   It appears lesnshawn may have a handle on tundra1 05/23/17 04:14:36 PM
#320451   pink: I think today would qualify for Poptech 05/23/17 04:14:20 PM
#320450   Pop 170 million today neomania 05/23/17 04:08:11 PM
#320448   Nope, bid is back. I noticed as shares PinkZombie 05/23/17 01:51:54 PM
#320447   Poof. Game over. Bid is gone. PinkZombie 05/23/17 01:46:15 PM
#320446   You must be reading bad tea leaves it jacksira 05/23/17 12:37:53 PM
#320445   lesn: There is no accumulation going on. Poptech 05/23/17 11:43:36 AM
#320444   Some Boom time going on Wow. I smell tundra1 05/23/17 11:38:28 AM
#320443   jack: You're back! So is a .0003/ASK(CANT)!!! YA lesnshawn 05/23/17 11:14:57 AM
#320442   Why so many shares being sold and where jacksira 05/23/17 12:56:19 AM
#320441   person: Don't worry: this voluminous exit from Poptech 05/22/17 04:46:45 PM
#320440   neom: The problem with joking around is Poptech 05/22/17 02:41:03 PM
#320439   The pace is picking up again. Personalizit 05/22/17 02:36:23 PM
#320438   Low key accumulation taking place. neomania 05/22/17 02:23:41 PM
#320437   I know pop just kidding however it's gonna neomania 05/22/17 02:08:10 PM
#320436   neom: No, NM, LLC is headquartered in Poptech 05/22/17 02:02:33 PM
#320435   LLC neomania 05/22/17 01:47:41 PM
#320434   I have never seen that many 500 000 rocket18 05/22/17 01:46:53 PM
#320433   Yes NM LCC walked in. neomania 05/22/17 01:46:34 PM
#320432   neom: Yes, because a new tenant moved Poptech 05/22/17 01:36:44 PM
#320431   http://de.advfn.com/borse/USOTC/NEOM/trades rocket18 05/22/17 01:06:52 PM
#320430   These are not smallpumpers who buy! rocket18 05/22/17 01:06:11 PM
PostSubject