NeoMedia Technologies, Inc (NEOM)

[lesnshawn]

War: Of course I do. And, the correct answers to my questions were:

1. Company. That one was rightfully answered as an LLC is a company, but not the one that trades here as NEOM. NM, LLC is private, as know, and therefore cannot be publicly traded.
2. Shell stock (or company). That is what trades here as NEOM. NeoMedia Technologies, Inc. no longer exists as a publicly traded company conducting day-to-day operations as it was sold to a private interest (YA, their creditors) after they defaulted on their debt, but it's corporate structure in public shares do still exist because of the answer to #3 and only because of #3.
3. A Market Maker. A buyer can not buy stock of a publicly traded shell company if no Market Maker sponsors it to trade on the open market. Period. Some MM's obviously see a market for the shares as it is still trading because they have plenty of shares to try to make a few bucks on.

Will the NEOM shell ever be sold and used for a RM? Time will tell but I am not holding my breath.

lns