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NeoMedia Technologies, Inc (NEOM)

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Last Post: 10/27/2016 7:38:47 PM - Followers: 940 - Board type: Free - Posts Today: 30

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.



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
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.

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NEOM News: Current Report Filing (8-k) 06/07/2016 04:14:17 PM
#318687   OK, well, I'm going to do as another WarMachine 10/27/16 07:38:47 PM
#318686   NeoReader® - QR & Mobile Barcode Scanner by Bentobox 10/27/16 07:11:46 PM
#318685   On 10/25/2016 Neomedia Technologies Inc. did it no Bentobox 10/27/16 07:05:55 PM
#318684   Pop just for your viewing pleasure vines3 10/27/16 06:55:35 PM
#318683   Pop you might want to dig deeper. Dig vines3 10/27/16 06:53:39 PM
#318682   So, you don't believe the CFO or you WarMachine 10/27/16 06:26:43 PM
#318681   Why would I pay $200 when I could Bentobox 10/27/16 06:04:31 PM
#318679   Quid pro quo and lots of pleading the Bentobox 10/27/16 05:43:06 PM
#318678   Well...I would ask why people do that kind wilma6311 10/27/16 05:41:43 PM
#318677   There was never a "list" per se. It Bentobox 10/27/16 05:29:24 PM
#318676   wilma: He was pulling your leg. Poptech 10/27/16 05:24:28 PM
#318675   Wonder how bentobox is doing from a legal wilma6311 10/27/16 02:58:53 PM
#318674   Is already good, has done itself. scania4 10/27/16 02:16:15 PM
#318673   scania4: Your question makes no sense. Translation error? keepitrealplease 10/27/16 02:09:27 PM
#318672   PinkZombie: Understood. No worries. Thank you for that. keepitrealplease 10/27/16 02:08:22 PM
#318670   scan: You know as well as I do Poptech 10/27/16 12:32:03 PM
#318669   war: If you forward your emails to Poptech 10/27/16 12:23:56 PM
#318668 scania4 10/27/16 12:21:18 PM
#318667   be: No one "uncovered the USPTO filing Poptech 10/27/16 12:18:41 PM
#318666   Are they paid for it !!!? Or why scania4 10/27/16 12:16:27 PM
#318665   My apologies! I get frustrated as everyone does, PinkZombie 10/27/16 12:01:17 PM
#318664   PinkZombie: Nothing I have written supports your statement. keepitrealplease 10/27/16 11:57:49 AM
#318663   I suspect you are simply here to deflect PinkZombie 10/27/16 11:49:09 AM
#318662   scania4: This is meaningless. Give it up. NEOM keepitrealplease 10/27/16 10:57:51 AM
#318660   Be Confident: Regarding this most and what you keepitrealplease 10/27/16 07:07:30 AM
#318659   jack: pop: I don't know whether to laugh keepitrealplease 10/27/16 06:53:18 AM
#318658   Do you think LM is worried about a jacksira 10/27/16 01:33:39 AM
#318657   Seriously? Why speculate when the man is easily WarMachine 10/26/16 08:24:32 PM
#318656   I do not expect to contact Barry, but Be Confident 10/26/16 08:16:17 PM
#318655   Scania, FWIW, I personally believe NM, LLC is a Be Confident 10/26/16 08:08:20 PM
#318654   As I said before, you can contact Barry WarMachine 10/26/16 08:02:07 PM
#318653   WarMachine, It was never my belief per se that Be Confident 10/26/16 07:49:24 PM
#318652   Why propagate the myth of NeoMedia still owning anything? WarMachine 10/26/16 05:38:27 PM
#318651   keep: So funny. Poptech 10/26/16 05:24:59 PM
#318650   Be Confident: Oh. I forgot. That was all keepitrealplease 10/26/16 01:20:21 PM
#318649   Be Confident: ...and what exactly is your point? keepitrealplease 10/26/16 01:00:31 PM
#318648   be: The clearinghouse failed long before NeoMedia Poptech 10/26/16 12:51:10 PM
#318647   I am unable to locate the patent award Be Confident 10/26/16 11:59:14 AM
#318646   Ok I understand. ;-) scania4 10/26/16 11:39:23 AM
#318645   scan: That is because there is no Poptech 10/26/16 11:10:27 AM
#318644   So no evidence. LOL scania4 10/26/16 10:31:24 AM
#318643   scan: You made the claim that NM,LLC Poptech 10/26/16 10:29:32 AM
#318642   Source? scania4 10/26/16 10:27:38 AM
#318641   scan: Of course, it is not. Poptech 10/26/16 10:24:01 AM
#318640   NM is the abbreviation for NeoMedia. scania4 10/26/16 10:21:10 AM
#318639   be: "Neom's patents" are "inconsequential" because they Poptech 10/26/16 10:12:00 AM
#318638 scania4 10/26/16 10:10:17 AM
#318637   scan: Even if NeoMedia existed and owned Poptech 10/26/16 10:04:25 AM
#318636   scan: Yet, you know NeoMedia does not Poptech 10/26/16 10:01:48 AM
#318635   I just wanted to say NEOM lives. LOL scania4 10/26/16 09:56:20 AM