Home > Boards > US OTC > Computers - Software >

NeoMedia Technologies, Inc (NEOM)

Add NEOM Price Alert      Hide Sticky   Hide Intro
Moderator: WarMachine
Search This Board: 
Last Post: 3/24/2018 6:56:15 AM - Followers: 922 - Board type: Free - Posts Today: 1


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.



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.

OK folks, It has now come to the point where there seems to be some misdirection, going on.
Just to be perfectly CLEAR, NeoMedia Inc, this company, and the NEOM ticker have lost everything. See above from a company officers comment.
The financier, Yorkville, grabbed everything when they forced NeoMedia Inc to pay their debt.
Yorkville took ALL ASSETS PRIVATE under the name NM, LLC and can still use the name NeoMedia that was on the assets.
Be fully aware that NM, LLC IS NOT the "NM" that is being referred to. If you aren't sure when you see just "NM" being thrown around, ASK!
Do not let this confusion fool you into thinking NeoMedia Inc/NEOM has any income/benefit from NM, LLC. THEY DO NOT.


End of Warmachine's section


Current Price
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
PlusOneCoin Top Posts
No plusone'd posts yet. Be the first!
#318940  Sticky Note MORE PROPER DD for everybody concerned as to WarMachine 11/27/16 10:02:19 AM
#322721 scania4 03/24/18 06:56:15 AM
#322720   be: NEOM has no revenue. Poptech 03/21/18 09:58:07 AM
#322719   Be: No patent covers, all things regarding"any machine keepitrealplease 03/20/18 11:28:08 PM
#322718   Rocket, One would hope so :-) However, we Be Confident 03/20/18 09:52:53 PM
#322717   Soon? rocket18 03/20/18 04:05:58 AM
#322716   The Nonprofit’s Guide to Augmented Reality (+12 Examples Be Confident 03/20/18 12:49:09 AM
#322715   It certainly does...JMO Be Confident 03/20/18 12:45:05 AM
#322714   rocket: it makes sense until you realize Poptech 03/19/18 09:55:45 AM
#322713   reverse merger makes sense. rocket18 03/19/18 06:55:12 AM
#322712   Will do. holding a lot 03/18/18 11:58:39 PM
#322711   Holding, I strongly recommend looking back at posts prior Be Confident 03/18/18 11:37:32 PM
#322710   Thank you for the detailed answer. It gives holding a lot 03/18/18 11:28:33 PM
#322709   I nearly neglected the most important CEO cap scenario: Be Confident 03/18/18 11:28:14 PM
#322708   Call me fearless (which I assure you I Be Confident 03/18/18 11:16:38 PM
#322706   Your new post sounds exciting. But we need holding a lot 03/18/18 10:11:40 PM
#322705   Thought you knew all there was to QR Be Confident 03/18/18 10:01:29 PM
#322704   Neom sold patents to MSFT. NEOM still holding a lot 03/18/18 09:42:40 PM
#322703   Precisely! ;-) Be Confident 03/18/18 07:01:57 PM
#322702   be: And it begins: spam that blockchain utter Poptech 03/18/18 03:27:45 PM
#322701 scania4 03/18/18 02:16:38 PM
#322700   Additional potential for NM/Neom/YA...JMO: Be Confident 03/18/18 01:54:54 PM
#322699   Banking represents merely one aspect of blockchain's potential Be Confident 03/18/18 01:45:26 PM
#322698   Precisely! Although just for giggles you might Be Confident 03/18/18 01:32:52 PM
#322697   UPI for all!! ;-) Be Confident 03/18/18 01:27:42 PM
#322696 scania4 03/18/18 11:02:16 AM
#322695   scan: That is spam. Poptech 03/18/18 10:41:24 AM
#322694 scania4 03/18/18 03:40:50 AM
#322693   Perfect! Instantaneous payments anywhere in the world Be Confident 03/17/18 06:32:37 PM
#322692   scan: That took the recent rash of Poptech 03/17/18 05:24:17 PM
#322691 scania4 03/17/18 01:28:18 PM
#322690   be: You are confusing a redirect with indirect. Poptech 03/16/18 09:07:44 AM
#322689   I would anticipate a formal launch of this Be Confident 03/16/18 01:26:26 AM
#322688   Indirect QR codes for all: Be Confident 03/16/18 12:17:00 AM
#322686   Funny how NOTHING from all the vague associations WarMachine 03/15/18 07:25:41 PM
#322685   Holographic AR?? Ooh AHHHH.... The application has Be Confident 03/15/18 12:17:55 AM
#322684   Ikea was involved with AR in 2013 ( Be Confident 03/15/18 12:06:52 AM
#322683   lesn: NEOM is not shell and cannot Poptech 03/10/18 02:27:43 PM
#322682   Yep, and CLEAN shells are easy to find WarMachine 03/09/18 11:56:26 PM
#322681   War: Yep...a shell that can be used. lns_eom lesnshawn 03/09/18 08:38:28 PM
#322680   Glad to see nobody buying the unrealistic fabricated WarMachine 03/09/18 02:11:21 AM
#322679   Rocket....Pay in the aisle Be Confident 03/08/18 10:41:56 PM
#322678   Scania....BOOOOOOOMMMMMMMMMMMMMMM!!!!!!! EBay Augmented Reality Features T Be Confident 03/08/18 10:20:25 PM
#322677   A MUST READ: Looking Forward: Augmented Reality, the Be Confident 03/06/18 10:32:03 PM
#322676   Power Rangers Taps Augmented Reality For Ad Campaign Be Confident 03/06/18 10:24:12 PM
#322675   be: The powerful business reason there is no Poptech 03/06/18 12:42:04 PM
#322674   Have any here pondered the business reasons as Be Confident 03/06/18 12:52:27 AM
#322673   All roads lead to QR Codes...including USPS: Be Confident 03/06/18 12:36:23 AM
#322672   Williams Sonoma introduces Augmented Reality to home goods Be Confident 03/06/18 12:22:37 AM
#322671   Zenith Bank Partners Facebook and Mastercard to Pioneer Be Confident 03/06/18 12:05:01 AM
#322669   Well said! caedward 03/05/18 11:39:15 AM