NeoMedia Technologies, Inc (NEOM)

[avargas]

UPDATED Due-Diligence for NEOM as-of-03/22/12 (DD)

Disclaimer: I am long on this stick if you haven't already noticed. These are just my honest opinions. Don't trade based on anything I say. You can love me or hate me just make sure you verify everything I say yourself because you just might realize this stock is going to explode.

Let me start off by saying that those of you who have been watching NEOM since it's last year spike to $0.25+ understand that it occurred due in part to speculation that it would receive the sole patent rights to "System And Method For Using An Ordinary Article Of Commerce To Access A Remote Computer"

It took almost a year for that to come to fruition but it finally happened just a couple weeks ago:

NeoMedia Awarded Patent for its Mobile Barcode Management and Infrastructure Technology

BOULDER, Colo., Mar 06, 2012 (BUSINESS WIRE) -- NeoMedia Technologies, Inc. (OTC BB: NEOM.OB), the pioneer in global mobile barcode management solutions, announced today that the United States Patent and Trademark Office (USPTO) has awarded NeoMedia a patent pertaining to the resolution of mobile barcodes, a market that has recently experienced explosive growth.

Patent No. 8,131,597, entitled, "System And Method For Using An Ordinary Article Of Commerce To Access A Remote Computer", generally covers systems and methods for providing users of mobile barcodes automatic access to remote computers. These patented systems and methods allow faster and easier implementation of new applications and services in the mobile marketing and advertising space.

The recently issued patent is part of an intellectual property portfolio that includes more than fifty issued and pending patent applications in this space.

"We are delighted that the USPTO has issued the '597 patent, which combined with our already formidable patent portfolio continues allowing us to realize the potential of our innovations and the first class services we offer our partners." said Laura Marriott, Chief Executive Officer of NeoMedia Technologies, Inc.

Now let's forward to just a little of a week later when the stock ran to $0.05 from slightly lower than the range it's at now. At first I thought it was just another promo but when filings hit just yesterday morning ALL BETS WERE ON...

As hapkido10 stated:
Billionare Patrick Soon Shiong BUYOUT 25% of NEOM !!!

Between March 14, 2012 and March 16, 2012, Global Grid purchased an aggregate of 113,494,743 shares of Common Stock on the
open market at an aggregate purchase price (excluding trading commissions and related administrative costs) of $3,658,274.15, as
follows:

— On March 14, 2012, Global Grid acquired an aggregate of 11,894,651 shares of Common Stock at a weighted average
price of $0.01 per share, at prices ranging from $0.009 to $0.013 per share.

— On March 15, 2012, Global Grid acquired an aggregate of 25,000,000 shares of Common Stock at a weighted average
price of $0.02 per share, at prices ranging from $0.01 to $0.02 per share.

— On March 16, 2012, Global Grid acquired an aggregate of 76,600,092 shares of Common Stock at a weighted average
price of $0.04 per share, at prices ranging from $0.02 to $0.06 per share.

THAT my friends, is the real reason the stock ran to the price it did. Now it would make sense to me that they knew Forms 3 & 4 would have to be filed and be released by today so they in my opinion, were hoping if they stopped the buying temporarily the price would drop and they could start buying again. Having watched the L2 all day for the past two days I was thinking of buying a position simply because I have a very strong feeling this is going to run to $0.25+ again and wanted to go long. Then yesterday around lunch time I was looking at the L2 and just when there was a trade around $0.0162 I kept seeing bids of 3,000,000-5,000,000. pop up for 5-10 seconds. The stock was going wild and I was having a hard time even getting filled and I was placing an order above the ask trying to get in at $0.02 and finally got filled just a tad lower. This indicates to me that someone wants to get filled really bad and I'm thinking that they have more shares they want to buy.

Now let's pause the story here, because this next part is really important. You might say to yourself, okay well it could just be a promoter trying to front load a couple $100,000 dollars because we know they have the money to do it. Then you might ask if that's not the case then why would Dr. Patrick Soon-Shiong's, MD company Global Grid be so interested in NEOM? Well here it is:

http://vimeo.com/23979110 (watch the whole thing)
In the video above BILLIONAIRE Dr. Patrick Soon-Shiong, MD discusses his breakthrough plan to restructure the health care system and he point blank talks about the use of the smart phone's brain for object recognition, landmarks & text to help the visually impaired. He says there are 314 MILLION visually impaired worldwide (go to 31:41) and talks about a "living newspaper" which uses the 2D/3D barcode technology but instead of using just a QR code he's using pictures to link to other remote information i.e. NEOM's patent above. Earlier in the video he discusses low energy technology & more reaching powers of 60 GHz for WiGig connectivity! That's 20 times faster than the latest consumer level desktop system on average! Imagine being able to place "QR codes" which can be anytype of image in the body and being able to monitor vital signs & medicine administration as the doctor discusses in the video. This is why Dr. Soon-Shiong in my opinion is attempting to BUY OUT NEOM! By owning the company with all of these patents he basically owns the right to ALL future applications of this technology ( http://www.imedicalapps.com/2011/07/toumaz-big-day-announcing-fda-approval-joint-venture-physician-billionaire-patrick-soonshiong/ ).

This isn't the first time he's done this with the medical field either! The doctor became a BILLIONAIRE by doing something similar with a company that was BOUGHT OUT called Abraxis BioScience for breast cancer treatment for $58 A SHARE!!!!!!!! http://www10.nytimes.com/2010/07/01/health/01drug.html?_r=5
Prominent Drug Chief to Sell Abraxis BioScience to Celgene for $2.9 Billion

... That allows Abraxane to reach tumors more effectively, Abraxis says. It also makes the drug more tolerable. Unlike plain paclitaxel, Abraxane does not have to be dissolved in a toxic solvent, so patients do not have to be treated with steroids in advance to control side effects caused by a solvent.

...

“The acquisition of Abraxis is a natural extension of our business model,” Robert J. Hugin, Celgene’s chief executive, told analysts on a conference call Wednesday. Under terms of the deal, each Abraxis share would be exchanged for $58 in cash ...

"Billionaire Patrick Soon-Shiong Wants To Remake The U.S. Health Care System"
http://www.forbes.com/sites/zinamoukheiber/2011/11/10/billionaire-patrick-soon-shiong-wants-to-remake-the-u-s-health-care-system/

NOT TO MENTION NEWS & QUARTERLY FINANCIALS ARE ROLLING IN SINCE IT'S ALREADY THE 22ND! If we play our cards right we could see NEOM in dollars not cents.

Additional links regarding Dr. Patrick Soon-Shiong, MD, his companies & NEOM:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8496719
http://www.secform4.com/insider-trading/1189020.htm
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=8149364
http://en.wikipedia.org/wiki/Patrick_Soon-Shiong
http://www.looktel.com/products
http://briantedwards.posterous.com/?tag=gridcomputing
http://www.hollywoodreporter.com/news/fourth-wall-studios-secures-200-165389
https://www.google.ca/search?q=Patrick+Soon-Shiong
http://www.gurufocus.com/InsiderBuy.php?position=&insider=Global+Grid%2C+LLC
http://ih.advfn.com/p.php?pid=qkquote&symbol=FWB^NEON
http://www.google.com/finance?hl=en&client=firefox-a&hs=0Jx&rls=org.mozilla:en-US:official&q=CURRENCY:EURUSD&ei=c5BpT5TTMsbaggfclKStCQ&sa=X&oi=currency_onebox&ct=currency_onebox_chart&resnum=1&ved=0CDMQ5QYwAA
http://www.boersennews.de/markt/aktien/neomedia-techs-new-dl-01-us6405053017/33923479/profile
http://ih.advfn.com/p.php?pid=nmona&article=51710654
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=8496719
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=8496719-1532-29039&type=sect&TabIndex=2&companyid=4115&ppu=%252fdefault.aspx%253fcik%253d1022701
http://finance.yahoo.com/echarts?s=NEON.F+Interactive#chart1:symbol=neon.f;range=5d;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

The following disclosures are based on 437,378,114 shares of the Common Stock outstanding as of November 9, 2011, as reported in the Quarterly Report on Form 10-Q filed by the Company with the Securities and Exchange Commission on November 14, 2011.

(a)-(b) Global Grid beneficially owns 113,494,743 shares of Common Stock, representing approximately 25.9% of the outstanding Common Stock of the Company. As the sole member of Global Grid, Dr. Soon-Shiong may be deemed to beneficially own, and share voting power and investment power with Global Grid over, all shares of Common Stock beneficially owned by Global Grid.

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=8496719-1532-29039&type=sect&TabIndex=2&companyid=4115&ppu=%252fdefault.aspx%253fcik%253d1022701

quote by nhatrader:
"i can envision QR codes on medication and medical devices, taking you to a site that describes dosing, drug interactions, side effects, etc... MD's and nurses having massive information available at the bedside."