SureTrader Nadex 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: 4/25/2017 10:39:32 AM - Followers: 933 - Board type: Free - Posts Today: 19

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
SureTrader
PostSubject
#319436  Sticky Note Neomedia exists. Go to Boulder to see for Personalizit 03/15/17 12:43:53 PM
#318940  Sticky Note MORE PROPER DD for everybody concerned as to WarMachine 11/27/16 10:02:19 AM
#319751   'inforthemoney2'? NEOM Needs ACTION? ok THERE! ib12u 04/25/17 10:39:32 AM
#319750   Bid support is there just need some action inforthemoney2 04/25/17 10:22:13 AM
#319748   It's 202 million ON THE BID. PinkZombie 04/25/17 10:05:46 AM
#319747   Liking the way you think Rocket. tundra1 04/25/17 10:02:41 AM
#319746   rocket: There is no such things as Poptech 04/25/17 10:01:40 AM
#319744   rocket: Yes, NM, LLC now owns all Poptech 04/25/17 09:58:36 AM
#319743   NEOM - Totally agree. You know when you sidsaldanha 04/25/17 09:57:49 AM
#319742   lesn: I think you need to reread Poptech 04/25/17 09:53:53 AM
#319740   Popt: We all would like to see the lesnshawn 04/25/17 09:36:33 AM
#319739   NEOM - The Bid order was not $2,000.00, sidsaldanha 04/25/17 09:34:50 AM
#319738   LOLOLOL rocket18 04/25/17 09:06:10 AM
#319737   rocket: If you click on the link, Poptech 04/25/17 08:16:41 AM
#319736   Source? rocket18 04/25/17 08:10:36 AM
#319735   rocket18: Wrong, wrong again. After the 2016 NEOM keepitrealplease 04/25/17 07:22:17 AM
#319734   'sidsaldanha', 20mil shares @ .0001 = $2000 and ib12u 04/25/17 06:30:22 AM
#319733   The patents are only pledged. But they still rocket18 04/25/17 02:43:13 AM
#319732   Let us use money, 5.5m shares $550.00. So what? tundra1 04/24/17 11:40:55 PM
#319731   Pop; I don't quite understand your reply. I nofortunateson2 04/24/17 09:29:31 PM
#319730   rocket: How would Neom distribute profits when Poptech 04/24/17 07:04:42 PM
#319729   I don't see the 20mil purchase on the ticker99 04/24/17 03:09:55 PM
#319728   Sure a lot of bagholders here like ticker99 04/24/17 03:07:17 PM
#319727   Just need for them to start slapping the ask. inforthemoney2 04/24/17 02:57:40 PM
#319726   NEOM - No that the 20 Million sidsaldanha 04/24/17 02:20:08 PM
#319725   Very interesting... inforthemoney2 04/24/17 02:12:26 PM
#319724   NEOM - I Agree. This Baby is going sidsaldanha 04/24/17 01:40:32 PM
#319723   Keep your shares. Profit distributions soon rocket18 04/24/17 01:33:05 PM
#319722   This is even a new patent, building on rocket18 04/24/17 12:57:11 PM
#319721   rocket: Yep, the infamous 9 month patent. Poptech 04/24/17 12:54:14 PM
#319720   NeoMedia Receives New Patent and Reaches Milestone in rocket18 04/24/17 12:49:51 PM
#319719   NEOM - The fuse is lit. Someone sidsaldanha 04/24/17 12:40:49 PM
#319718   Blockchain technology - huge payout soon $$$ rocket18 04/24/17 12:39:59 PM
#319717   hahahaha rocket18 04/24/17 12:30:36 PM
#319716   rocket: No, that is called a continuation, Poptech 04/24/17 12:25:15 PM
#319715   Patents can be extended if changed. rocket18 04/24/17 12:23:05 PM
#319714   rocket: A patent cannot be 'lengthened.' That Poptech 04/24/17 12:17:32 PM
#319713   no: YA has 3 trillion in convertible Poptech 04/24/17 12:12:27 PM
#319712   Just put some more shares up for sale... nofortunateson2 04/24/17 11:58:19 AM
#319711   SOMEONE is buying this stock. Just put a nofortunateson2 04/24/17 11:26:24 AM
#319710   It has been lengthened because newly adapted. rocket18 04/24/17 11:24:06 AM
#319709   I have seen many of these .0001 stocks... nofortunateson2 04/24/17 11:17:23 AM
#319708   no: There were years of speculation here Poptech 04/24/17 10:51:00 AM
#319707   I don't know why MSFT would want to nofortunateson2 04/24/17 10:33:33 AM
#319706   rocket: That patent expired in 2016. Poptech 04/24/17 10:05:15 AM
#319705   lesn: NeoMedia owes Delaware Secretary of State Poptech 04/24/17 10:04:02 AM
#319704   rocket: The Microsoft predictions are an Poptech 04/24/17 09:53:37 AM
#319703   Ib12u: I am not promoting NEOM as a lesnshawn 04/24/17 09:20:05 AM
#319702   http://www.google.com/patents/US8805728 Patent = Hart-Fork Ethereum!!! rocket18 04/24/17 08:16:44 AM
#319700   Reverse mergers , LOLOLOL rocket18 04/24/17 03:37:09 AM
#319699   lesnshawn, I bought NEOM stock right after it nofortunateson2 04/24/17 12:18:04 AM
#319698   'lesnshawn'? while you're undeniably correct in every sense ib12u 04/23/17 11:10:42 AM
PostSubject