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@diarch The Saudi NEOM bought the NEOM.COM domain after NeoMedia Technologies, Inc. went out of business and was foreclosed on. Saudi NEOM has nothing to do with this stock ticker. Any suggestion otherwise is furthering a pump and dump.
The story is far from over. The Saudi NEOM has handily buried the defunct Neomedia (NEOM). IMO the Project is the Saudis best shot at regaining global “legitimacy” via finance and technology. Both material. KSA may never regain or retain mutual respect with the West. This is a book that can’t be put down once opened-truth or fiction.
NEOM is only the cover.
https://news.harvard.edu/gazette/story/2021/02/biden-may-regret-releasing-report-on-khashoggi-murder-says-expert/
Is this related to NEOM?
Saudi Arabia is building one of the world's biggest green hydrogen plants.
"NEOM a city empowered entirely by Renewable Energy"
https://www.msn.com/en-us/news/other/saudi-arabia-s-hydrogen-hopes/vi-BB1ek74l?ocid=msedgntp
IT's not NEOM (Nasdaq)
Are there more Neom's?
Just wondering has Be Confident been gone a while from the board. He was making comments for years?
I really dont think these NEOMs are linked
https://www.neom.com/index.html
The connection needs to be established or clearly disconnected.
Interesting and rather novel at least.
vulken17-your first link has gone dead.
https://www.neom.com/solutions/ip_licensing/customers
"Either the page is not available, or the address (URL) you have entered is incorrect.:
With bond yields on the rise, the appetite for speculation is getting eviscerated.
The domain name...and this trading corporation are figuring it out, imo.
Yo Person-the Neom Magnificent Seven rides again! Scam me once, shame on you, scam me twice, shame on me! I'm interested in efforts and activities in the Great Sandbox. Price of admission is steep, but there may be a big refund this time around.
Hi - who can tell me if this a potential suspension and reason for decline?
Ha. I haven't seen anything posted yet that would entice me to buy back in, but I hope some have made back a few bucks at least.
oh yes hey, how are you . we are here rummaging through the garbage
I was Personalizit a long time ago.
I recognize a lot of old names still playing here.
Cynicism abounds. If not of the relationship between Neomedia technologies and NEOM. Understandable on both counts. The promo video dissected:
https://www.gadgetclock.com/the-dark-reality-behind-saudi-arabias-utopian-dreams/
Biz-careful what you wish for. Moh'd Bone Sawman has a squad to deploy. He got a pass today, let the NEOM work proceed. Next week is another week, adieu February.
Is some buyer trying to get rid of me? Ummmmm. I'm not selling.
Most would know-with caveat emptor status on major brokerages- it's the obverse of Hotel California. You can leave but never return.
Like I said last week, Better get what you can before this hits .0001.
The only thing MBS is somewhat good at is killing people. Now you can add Pump and Dumper to his long list of accolades. It’s as if Prince Harry begged the Queen to make him King. Guy can’t even run a country right. Let alone a Pump and Dump! It’ll be at least 100 years before the damage is repaired. It’s not like he will give up the crown that was spoon fed to him on a silver plate along with countless murders and negligence.
IF the Saudis intend to deploy the Neomedia shell as a mechanism of positive spin, propaganda and all around good PR, they best turn up the volume. I very much doubt they want to see the excavators stop digging and the concrete trucks stop churning.
“...But Joe Biden, who on the campaign trail called Saudi Arabia a “pariah” state, promised a new approach and has been taking steps to implement it. Earlier this month, he withdrew U.S. support for the Saudi’s brutal military offensive in Yemen, and on Thursday the administration will release the 2018 intelligence report directly linking MBS to the Khashoggi killing — a significant shift in approach to the de facto Saudi ruler from the warm, forgiving posture of Trump and Kushner. “The president’s intention, as is the intention of this government, is to recalibrate our engagement with Saudi Arabia,” press secretary Jen Psaki told reporters Wednesday.”
“We have a long relationship with Saudi Arabia,” Psaki acknowledged Wednesday, as Biden prepared for his first conversations with the crown prince’s father, King Salman. The U.S. government has long seen strategic value in the country, in no small part because of the oil it produces. What will it mean to, as Biden promised on the campaign trail, make the regime “pay the price” for their malfeasance? “I hope his message is that we have to sanction MBS with the exact same sanction we imposed on the 17 other Saudi accomplices in this murder,” Sarah Leah Whitson, executive director of the Khashoggi-founded Democracy for the Arab World Now, told the New York Times Wednesday. “The message to the Saudis has to be to get rid of this guy.”
It makes sense to me. They aren't leave the shell behind, imo.
$NEOM
NM llc packaged a deal to the 500B funded public investment fund to protect IP & eventually use the shell for a division of #neom. First phase https://t.co/OxGkCMz727
https://t.co/TVgbGuCamo
$NEOM
https://t.co/T9QXORgQY8
The line
500B #neom Saudi Crown Prince Plans Car-Free City for Future Beyond Oil & gas
@Junior571. The NEOM project ONLY bought the domain. Game over.
It would be Yorkville who owns it not NeoMedia .You can ask them.
I'm with you Jr.571. Some are not comfortable unless it's Fiat Lux all the way. I don't mind groping in the dark. For veteran Neom holders, it can remain dormant IMO. The shell may become a PR conduit of the Project. Granted, it would not be a monetizing agent unless, until...
I still stand by my previous post where I stated that we need to keep in mind that Neomedia has gone into a state of Darkness, and, as a result, if am am correct, they do not need to report their status until they exit that dark state.
If they are part of the NEOM project, we will not know until such time as it is reported that NEOM actually bought the company and all it's parts, or perhaps they made another type of deal.
Time will tell, but for now these are "mostly" assumptions.
Junior
Thank you young master.
Junior
Why all the misleading info? The stickies say NEOM is defunct company with no assets but if you read above all the posts "NEW UPDATED INFORMATION REGARDING NEOMEDIA" your trying to say that it was bought by saudi company? Why the conflicting information?
Junior571-here ya go:
https://en.wikipedia.org/wiki/Neom
I was/am trying to decipher more of the relationship-if any. Which obviously many here deny.
Simple Wikipedia info. As to the tug-o-war here whether the Neomedia to NEOM relationship is bogus:
pretty basic-if one sees no relationship, sell your existing position. If one retains the prospect of a Halley's Comet event, buy or hold your current position.
Having worked in the Middle East, I'm skeptical of the viability of the project NEOM-relationship or not between Neomedia and NEOM. IMO, the Saudis are seeking some form of validation after the Kashoggi debacle, they lost a lot of credibility globally. A couple key consultants (Foster Associates) dissociated themselves from NEOM. I don't know if they came back to the fold.
A peculiar culture of superlative seeking: to wit: Kingdom Tower. Why TF would you need a kilometer high tower in the middle of the desert? Was to be the world's first 1KM high tower, they just had to best Burg Khalifa at 2,722'. Note: Kingdom Tower on HOLD.
Interesting post diarch
Would you mind posting the link?
Thank you.
Junior
NEOM FAKED ? EDELMAN HAS NOTHING TO DO WITH NEOM STOCK SHELL? RIGHT?!
Not without controversy:
"According to a US Justice Department filing under the Foreign Agents Registration Act (FARA), the Saudi mega-city developing firm NEOM Company hired American public relations and marketing consultancy, Edelman for assistance with public relations on the “smart-city” project. As per the 3-month contract with the Chicago-based Edelman, NEOM pays Edelman $75,000 per month through February, for international work done on behalf of the developing firm. Under the contract, the PR firm stated the provision of communications support in various sectors including, strategic counsel, stakeholder identification and engagement, media relations and content development. NEOM and Edelman refused to comment on the deal. In the course of 2 years since 2019, Edelman counts as the fourth PR firm hired by NEOM following BCW, Ruder Finn, and Teneo. Based on reports by human rights organisations, Saudi residents have pushed against the developments of NEOM, which would require the resettlement of 20,000 residents, including the Bedouin tribe members. A tribesman was also alleged shot dead on refusing to give up his land, raising humanitarian concerns.[27][28][29]
In July 2020, a sponsorship with the League of Legends European Championship has gathered significant backlash from the professional League of Legends community, including athletes and the league's own staff. The backlash is centered around human rights abuses from the Saudi government, particularly its record on LGBT rights.[30] As a result from the backlash, the sponsorship has been cancelled within several hours of the announcement.
@diarch 'cause companies do not waste time with BS. NeoMedia Technologies, Inc has nothing to do with the NEOM Saudi company that bought the domain when the NeoMedia Technologies NEOM shut down.
NEOM??ITS FAKE AS HELL AND EVERYONE KNOWS IT TOO.
Mercedes on board. The propaganda precedes and exceeds.
Interesting. The Saudis didn’t respond. Therefore it’s all fakery. Wow.
HAVE 4M @ YOUR PRICE OVER THERE
NEOM I EMAILED THE SAUDIS OVER A WEEK AGO NO REPLY. NOTHING HERE FOLKS GO AWAY. DONT HURT YOURSELF.
In other words, you have no answer as to how a defunct company with no assets can make money with nothing to offer. LMFAO!
Reality folks! Do your own PROPER DD and see that NEOM has NOTHING that could possibly create revenue.
War-with all due respect, you’re trapped in a 2016 mindset. This is possibly one of the best barn finds on the horizon. Thx for the check stop. But you might find yourself looking at the caboose and rails disappearing into an infinite vanishing point.
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Moderators WarMachine |
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.
2) I am surprised to still see trading as indicated previously the company has no assets.
Asset
In financial accounting, an asset is an economic resource. Anything tangible or intangible that can be owned or controlled to produce value and that is held by a company to produce positive economic value is an asset. Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset).
The balance sheet of a firm records the monetary value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business. One can classify assets into two major asset classes: tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets. Current assets include inventory, while fixed assets include such items as buildings and equipment.
Intangible assets are nonphysical resources and rights that have a value to the firm because they give the firm some kind of advantage in the marketplace. Examples of intangible assets include goodwill, copyrights, trademarks, patents and computer programs, and financial assets, including such items as accounts receivable, bonds and stocks.
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.
NM, LLC is a PRIVATE company, a subsidiary of YA GLOBAL who took ALL ASSETS as stated above by the CFO of NEOM
ABOUT QR CODES:
DENSO WAVE the inventor of the QR Code allows anyone to use QR Codes license free.
See the section under, QR Code's intellectual property right, the first 3 FAQs at, https://www.qrcode.com/en/faq.html
See also, https://www.qrcode.com/en/patent.html
There seems to be this endless banter about a patent but lets just see the TRUTH.
Apparently there is confusion about what a assignor and a asignee is. Maybe this will clear that up.
YEP! Pretty clear that this former company signed over the patent to NM, LLC and we all know that NM, LLC is a subsidiary
of Yorkville, who TOOK ALL ASSETS in the settlement, and this former company IS NOT part of Yorkville.
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.
NEOM has NO ASSETS.
No assets means NO PATENTS.
No patents means NO CONTRACTS.
No contracts means NO REVENUE.
No revenue means THE USELESS BULLSHIT that continues to appear here will NEVER benefit NEOM shareholders.
Demand a connection folks! If you see this kind of hogwash,
DEMAND ANSWERS as to how it relates to NEOM and the future of this
DEFUNCT COMPANY.
Defunct Company, Stock Continues to Trade
https://www.sec.gov/fast-answers/answersdfnctcohtm.html
Even when a company is no longer in business, there may still be active trading in its stock. This is because companies that are no longer operating may still have outstanding registered stock, which can be traded until the company has the shares deregistered or the stock's registration is revoked. The SEC does not have a rule that prohibits the trading of stock once a company becomes defunct because it does not want to forbid transactions between willing buyers and sellers, including those holding shares in defunct companies
Information on bankruptcy is available here. Other issues that might arise with defunct companies include the following:
Trading stocks v. publishing quotations in stocks. Rule 15c2-11 of the Securities Exchange Act of 1934 prohibits broker-dealers from publishing a quotation for a security (an offer to buy or sell) unless they have reviewed certain information about the company. The rule regulates when broker-dealers may publish a quotation in, the Over-the-Counter Bulletin Board, the Pink Sheets or other quotation mediums, but does not, address when a stock can be traded between two broker-dealers. As a result, there may be trading in a stock even though the company is no longer in business and quotations in the stock are not actively published.
An exception to the rule permits a broker-dealer to publish quotations for a stock without reviewing information about the company if there are regular and continuous quotations published for a specified period of time by broker-dealers that did have the appropriate information. Although a company has become defunct, its stock may still be quoted under this "piggy-back" exception. In addition, if a company becomes defunct after quotations in the stock are published for the specified time period, the broker-dealer is not obligated to acquire current information on the company.
The SEC may invoke a trading suspension. In some cases, the SEC or an exchange may halt trading in the stock of a defunct company if the stock price appears to be manipulated or if it believes that public information about the issuer is false or misleading. When the trading suspension ends, a broker-dealer wishing to publish quotations must comply with Rule 15c2-11, which may be impossible to do in the case of a defunct company.
The SEC may revoke the registration of stocks. In some circumstances, the SEC may revoke the registration of a defunct company's stock. Section 12(j) of the Exchange Act authorizes the SEC to revoke the registration of a security if the issuer fails to comply with the federal securities laws. Broker-dealers may not execute any trades in stocks whose registration has been revoked pursuant to Section 12(j).
A defunct company may not have a transfer agent. In some situations, the defunct company does not have a transfer agent. Although the federal securities laws do not require a company to have a transfer agent, if a company does not have a transfer agent, investors are unable to receive or transfer their stock certificates. Sometimes the SEC has considered a company's lack of a transfer agent as a factor in determining whether to revoke the registration of stock pursuant to Section 12(j) for the protection of investors.
Ya see folks, just because a stock still trades it doesn't mean that the company even exists anymore.
R F I D HOAX!
NEOM has never been involved with RFID, not when it was actually in business
definitely not now being it is OUT OF BUSINESS, CLOSED, DEFUNCT
6 BILLION SHARES AUTHORIZED!
BEWARE PUMP AND DUMPS
End of Warmachine's section
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