SureTrader
Cannabis Stocks News
Interactive Brokers Advertisement
Home > Boards > US OTC > Computers - Software >

NeoMedia Technologies, Inc (NEOM)

NEOM RSS Feed
Add NEOM Price Alert      Hide Sticky   Hide Intro
Moderator: Personalizit, neomania, WarMachine
Search This Board: 
Last Post: 8/20/2017 4:59:16 PM - Followers: 936 - Board type: Free - Posts Today: 6

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.

NEOM
Current Price
Volume:
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
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
#321287   Few days of high volume, a great hint tundra1 08/20/17 04:59:15 PM
#321286   https://scanova.io/blog/blog/2017/08/07/gopay-philippines/ Best, Be Confiden Be Confident 08/20/17 04:57:06 PM
#321285   justice will be served to neom shareholders in neomania 08/20/17 12:30:10 PM
#321284   tundra: I have no idea what that means. Poptech 08/20/17 11:00:17 AM
#321283   Either that senerio or another, imo new is eminate. tundra1 08/20/17 10:10:42 AM
#321282   person: It is not mysterious. Someone Poptech 08/20/17 07:52:41 AM
#321281   In the mean time, large bids mysteriously appear.(just Personalizit 08/19/17 07:44:13 PM
#321280   be: It may be excellent but it Poptech 08/19/17 05:12:46 PM
#321279   Cheers Lesn! Be Confident 08/19/17 02:05:06 PM
#321278   Excellent find Scania. I've known hands free Be Confident 08/19/17 02:02:16 PM
#321277   BC: Same. Catch the flip? Lovin' new faces. lns_eom lesnshawn 08/19/17 11:31:06 AM
#321276   http://techstory.in/google-wallet-hands-free-payment/ scania4 08/19/17 10:01:59 AM
#321275   There is no pattern....0001-.0002 was there in q4 PlayInTheGreen 08/19/17 09:39:49 AM
#321274   http://www.insider-monitor.com/trading/cik1022701.html You do realize there are PlayInTheGreen 08/19/17 09:36:46 AM
#321273   be: It cannot be insider transactions because Poptech 08/19/17 08:31:00 AM
#321271   Digital Payment Platforms Primed to Topple Cash Be Confident 08/19/17 01:36:57 AM
#321270   it's was at .0002 today,,,my sell orders wouldn't Decarz 08/19/17 01:20:23 AM
#321269   Tundra, This pattern began emerging in Q4 2016 and Be Confident 08/18/17 11:53:21 PM
#321266   hedge: NEOM is a non-reporting entity. That Poptech 08/18/17 05:33:14 PM
#321265   This stock is at .0001. The biggest risk Hedgefundanalyst 08/18/17 04:53:24 PM
#321264   Ya pop, what ever. 77mm shares today. BID tundra1 08/18/17 04:41:42 PM
#321263   tundra: When .0001 is looking strong, everything Poptech 08/18/17 04:25:41 PM
#321262   hedge: I day traded the heck of Poptech 08/18/17 04:22:34 PM
#321260   Not many believing you today. Looking strong here. tundra1 08/18/17 03:39:24 PM
#321259   tundra: I haven't pashed in years. Poptech 08/18/17 03:37:51 PM
#321258   hedge: There has been no dilution in Poptech 08/18/17 03:36:20 PM
#321257   Looks like dilution is over and people are Hedgefundanalyst 08/18/17 03:20:57 PM
#321256   Wonder who making the money or just pashing tundra1 08/18/17 03:11:05 PM
#321255   wow nice buy!! $NEOM nungpoh 08/18/17 03:06:10 PM
#321254   Yikes. Sorry for your loss! PinkZombie 08/18/17 03:02:15 PM
#321253   pink: Good point. The sucker lost Poptech 08/18/17 02:58:46 PM
#321252   tundra: Your threshold for a good investment Poptech 08/18/17 02:38:13 PM
#321251   It's more like $11,000 as much of it PinkZombie 08/18/17 02:32:41 PM
#321250   And yet there is volume, good size volume tundra1 08/18/17 02:29:36 PM
#321249   penny: Sure, when there is a couple Poptech 08/18/17 02:24:26 PM
#321248   Thats a big buy, same thing happen 2 PENNYMACHINE 08/18/17 02:02:27 PM
#321247   Somebody knows something. Personalizit 08/18/17 12:21:50 PM
#321245   207 million on the BUY looking to enter PinkZombie 08/18/17 11:00:37 AM
#321244   Whoa whoa whoa. 43 million purchase in one PinkZombie 08/18/17 10:53:49 AM
#321243   nun: Every single share sold yesterday was Poptech 08/18/17 09:02:23 AM
#321242   Be Confident 08/18/17 12:06:56 AM
#321241   Has anyone ever pondered where Iain McCready popped Be Confident 08/18/17 12:06:52 AM
#321240   Accelerating rapidly: Be Confident 08/17/17 09:05:42 PM
#321239   Set times L2 purely. scania4 08/17/17 03:21:51 PM
#321237   Looks like lots of loading at the 1s?? nungpoh 08/17/17 03:15:06 PM
#321235   scania4: new moon = people acting crazy keepitrealplease 08/17/17 11:42:37 AM
#321234   new moon = nm = neomedia scania4 08/17/17 10:03:36 AM
#321233   https://goo.gl/images/7c2QWr scania4 08/17/17 09:26:50 AM
#321232   pop: LOL. That make's sense then. keepitrealplease 08/17/17 09:08:28 AM
#321231   New Moon Day scania4 08/17/17 08:53:05 AM
PostSubject