SureTrader
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: neomania, WarMachine, Hedgefundanalyst
Search This Board: 
Last Post: 10/22/2017 1:29:41 PM - Followers: 935 - Board type: Free - Posts Today: 9

*********************************************************************************************************************************************************************

This section maintained by Warmachine. No deletions or alterations allowed by other moderators unless permission is given by Warmachine.

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.
 

End of Warmachine's section

*************************************************************************************************************************************************************************************************************************************

SureTrader
Interactive Brokers Advertisement
NEOM
Current Price
Volume:
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
PostSubject
#318940  Sticky Note MORE PROPER DD for everybody concerned as to WarMachine 11/27/16 10:02:19 AM
#321914   https://patents.google.com/patent/US8189466B2/en?assignee=NeoMedia&page=1 scania4 10/22/17 01:29:41 PM
#321913   Two operative words are key to this article, Scania: Be Confident 10/22/17 01:13:51 PM
#321912   https://thewire.in/165881/whatsapp-upi-bhim-digital-economy/ scania4 10/22/17 12:28:58 PM
#321911   Rocket (and all): Be Confident 10/22/17 12:06:21 PM
#321910   be: I believe that PayPal has nothing Poptech 10/22/17 11:59:09 AM
#321909   To add to your post, I offer the Be Confident 10/22/17 11:42:22 AM
#321908   ;-) Be Confident 10/22/17 11:30:44 AM
#321907   PRECISELY!! :-) Be Confident 10/22/17 11:28:09 AM
#321906   Precisely... ;-) Be Confident 10/22/17 11:27:24 AM
#321905   neom: What 'shell?' What does it Poptech 10/21/17 07:10:14 PM
#321904   Whats fishy here is they have the technology neomania 10/21/17 05:46:00 PM
#321903   NM, LLC was also assigned the NeoMedia trademark Poptech 10/21/17 09:55:35 AM
#321902   neom: They tried to cleanse the site Poptech 10/21/17 09:45:16 AM
#321901   they missed nothing they chose to use the neomania 10/21/17 09:21:07 AM
#321900   Before scanning technology was available on mobile phones, rocket18 10/21/17 08:52:05 AM
#321899   Soon£££ scania4 10/21/17 07:37:45 AM
#321898   @neomania Thumbs up!!! scania4 10/21/17 07:11:41 AM
#321897   To forget? LOL scania4 10/21/17 07:08:32 AM
#321896   Bigfootbud: ...and your point? The record you provided keepitrealplease 10/21/17 06:47:59 AM
#321895   neomania" That is clearly an edit they missed. keepitrealplease 10/21/17 06:43:06 AM
#321894   Qodescan lite still allowing new users... I just Bigfootbud 10/21/17 03:33:53 AM
#321893   ense the IP or Contact Us for Services neomania 10/20/17 11:53:11 PM
#321892   rocket: It doesn't matter. NeoMedia lost Poptech 10/20/17 07:11:30 AM
#321891   be: I just took a new look Poptech 10/20/17 07:10:14 AM
#321890   That was the reason that in 2014 Facebook rocket18 10/20/17 04:16:41 AM
#321889   https://www.facebook.com/LikeNeoReader/ rocket18 10/20/17 03:16:25 AM
#321888   I think the patents have expired? rocket18 10/20/17 12:51:40 AM
#321887   Pop... I hear ya'! :) Which is exactly Bigfootbud 10/19/17 10:00:52 PM
#321886   NetsPay mobile wallet available for download Be Confident 10/19/17 08:45:29 PM
#321885   It was not merely a replace command. Be Confident 10/19/17 08:13:58 PM
#321884   Just to be perfectly clear: Be Confident 10/19/17 08:04:28 PM
#321883   big: It is clear a developer made Poptech 10/19/17 05:15:06 PM
#321882   scania: Because FINRA has not shut its Poptech 10/19/17 05:09:11 PM
#321881   Pop... well, the website's content must be edited Bigfootbud 10/19/17 01:25:32 PM
#321880   Why are the shares still traded? scania4 10/19/17 11:11:29 AM
#321879   be: No, a replace command across a Poptech 10/19/17 09:31:36 AM
#321878   All things point to NeoMedia being gone..... but, Bigfootbud 10/19/17 12:30:06 AM
#321877   Eftpos brings Apple Pay debit payments to Australia Be Confident 10/18/17 09:44:47 PM
#321876   Edited to Add: Be Confident 10/18/17 08:33:59 PM
#321875   http://m.neom.com/neoreader-sdk-trial scania4 10/18/17 02:45:11 PM
#321874   NM is an LLC..... can't offer stock! Bigfootbud 10/18/17 02:39:38 PM
#321873   Got this after scanning a QR code and Bigfootbud 10/18/17 02:21:01 PM
#321872   yes you are correct !!! neomania 10/18/17 12:26:59 PM
#321871   http://www.stillinmotion.de/wp-content/gallery/phoenix_cargo/01_phoenix_lookdev_ rocket18 10/18/17 07:45:26 AM
#321870   https://goo.gl/images/EBjRE7 scania4 10/18/17 12:29:40 AM
#321869   Have a run at the additional post I Be Confident 10/18/17 12:22:56 AM
#321868   Occasionally it is a benefit when the past Be Confident 10/18/17 12:20:28 AM
#321867   NEOM $$$$ HOPE TO SEE A EXPLOSION.... halbroke1 10/18/17 12:18:15 AM
#321866   Dejamobile to supply Paris regional transit authority with Be Confident 10/18/17 12:16:43 AM
#321865   rocket: Did the 'ol L2 flip again today! lns_eom lesnshawn 10/17/17 11:37:11 PM
PostSubject