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Generally positive news in our securities markets leads to buying of more sub pennies like this one.
Grabbed some cheapies. This is set to run any time now.
Nope. This is a pig in a poke.
@Bizreader Wow. A Pump-and-dump is an illegal scheme to boost a stock's price based on false, misleading, or greatly exaggerated statements. This is what is occurring, not a lesson in philosophy.
Everything is wrong in some way to someone. Learning costs no matter what. I'm holding cuz this will go up and down as long as it's around. I'll sell when I'm ready. Does this fix anything?
Place your bets. It'll will be Monday soon. In the meantime there's crypto.
Btw, losing and loss is like making mistakes... we all do it. It's called learning not losing.
As far as playing this game; capitalism is a stage in our evolution in which we take more than we give.
It's like war, we are not quite done with it. Hopefully someday we will be.
@Bizreader This is not a situation of a scrappy startup trying to make something happen. NeoMedia Technologies, Inc. doesn't exist any more. For everyone that makes 10% on bogus information someone loses. Yes, everyone is free to do what they may but I read many lies her to pimp and dump and that is simply wrong.
The idea is that lots happens with less than the best circumstances. While people are arguing someone is trading this for 10% every week or so easy, maybe twice.
@Bizreader. So you are comparing pre-2015 MicrosofT (Windows was released in 2015) with NEOM, a debt-ridden shell with no cash, assets, patents, platform, service, customers, revenue, employees, management, office, website, or phone number?
Microsoft had a bit more going on than NEOM,
https://www.microsoft.com/investor/reports/ar15/index.html
Microsoft Windows was not "real" until Windows 10, imo. But, they made billions anyway.
Window system crashes erased almost as much data as it allowed to be stored until it stopped crashing.
Concise, accurate post on NEOM. Thank you for 'keeping it real'!!
@Flor. 2021, NEOM has no cash, assets, patents, platform, service, customers, revenue, employees, management, office, website, or phone number. It is an empty, debt-ridden shell. Everything was lost in foreclosure. Yet, NEOM has being painted by a few on this board as a company that is secretly transforming and growing over the past few years, preparing to emerge as a high-value unicorn. Really? How exactly will NEOM bring any value to the shareholders of this stock? Keep it real please.
Good lesson in history, but we live in 2021 and you don't know anything about that, NEOM is still alive. Keep it
real please.
@diarch The true story of QR codes and NEOM.
The QR code was invented in 1994 by Masahiro Hara from the Japanese company DENSO WAVE INC. which is part of the Toyota Group.
To help make QR code use ubiquitous, DENSO WAVE made the decision to make the specifications of the QR Code publicly available so that anyone could use it freely.
Although DENSO WAVE would retain the patent rights to the QR Code, DENSO WAVE declared that it would not exercise them. This policy was in place from the very beginning of the code development, honoring the developers' intent that the QR Code could be used by as many people as possible. Thus the QR Code, which could be used at no cost and without worrying about potential problems, grew into a “public code” used by people all over the world.
Counter to that vision, NEOM litigated a series of patents, that claimed control over how people could use QR codes. Large companies are convinced to take a license rather than spend 10x-20x more on lawyers to fight. As a prolific patent troll NEOM hurt not helped the marketplace by putting a chill on QR code use.
The revenue NEOM generated from those litigation campaigns, went to service YA debt and CEO salaries. When the key patents they used in litigation expired, revenue dried up (NEOM never had any significant sales of their platform, nearly all revenue came from litigation), and YA eventually foreclosed on the remaining NEOM assets.
NEOM management never built sustainable shareholder value and now it's over.
SOURCES:
https://www.qrcode.com/en/history/
https://www.eff.org/press/archives/2007/10/23
https://www.eff.org/patent-busting/neomedia-technologies-inc
@Junior571 The key patents expired, the rest were only used to troll, that business dried up. The companies with products, services, and vision do not include NeoMedia Technologies, Inc
It was not time yet when it was first invented; however, it takes vision.
I hope behind the scenes there is great monetization taking place.
Junior
Jr. I believe it’s common knowledge the QR code was invented by Densu for Toyota. I never understood why it was not monetized then but simply deployed as a parts identification method.
https://www.qrcode.com/en/index.html
@Junior571 Nonsense. This stock makes nothing on this use or for that matter any use of QR codes.
@vulken17. Ridiculous.
Wrong! Everything is going on! $NEOM
Back the armored truck up!
News imminent folks
@vulken17. NeoMedia Technologies, Inc lost all their patents in foreclosure. Besides key patents have since expired, and the "clearing house" patent never went anywhere. NEOM the shell has no assets, clients, revenue, management, staff, offices, or even website as it was bought by the Saudi company. The shell with remaining debt has no resell value. Nothing here folks.
And look at what is at the center of this proposed CIVD Passport.
Of course, a QR Code.
QR Codes are a key stone in managing this epidemic.
More popular than ever all over the world.
The clearinghouse patent is instrumental for accuracy and security.
Junior
Flor, you are correct. QR codes themselves are freeware. It is whether they employ use of the Direct method or the Indirect method which determines a fee. "Direct" codes will not pay a toll to Neom. However, "Indirect" codes pay a toll. As for the patents, you should check the date of the Clearinghouse patent ;)
NEOM, Everyone in the world uses the QR code free of charge. The patents are worthless and limited in time. Why has this been allowed to be used freely? The invention is worth billions of dollars?
and yet it is still actively trading. There were a bunch that were closed down. NEOM is still here.
This is the mystery stock.
$NEOM ready to break out technically.
@vulken17. Ridiculous. NeoMedia Technologies, Inc has no assets or revenue. The shell has no value. The stock ticker has not relation to the Saudi group that purchased the neom.com domain when NEOM lost everything during foreclose. What will bring value to this stock? No unicorn here or phoenix for that matter.
$NEOM
Folks, let us get the show on the road! I think this may be the week the MM's let her loose. Chart has been building upon its self for weeks now and ready to go!
Indicators point to a move back to .003+
Lets make #neom great again. https://t.co/PfNQWd2LTx
At NEOM we cannot say that it was a Pump and Dump the previous weeks. IMO
RSI too low, May rise to 70. LOL
That is the question!
This unicorn stock is still active, and has not been shut down....yet.
What is going on with NEOM?
The stars are aligning. $NEOM #neom the new future
Come out of the dark with news.
NEOM still trading
Still active!
Surprise us!!!!!!
@diarch you're hyping something as true that is not true.
NEOM???? come on man!!!! come on man!! you don't really think s arabia has anything to do with neom stock do you? really?!!!!!
NEOM come on man come on man!! you don't really think s arabia has anything to do with neom stock do you? really?!
real-that’s actually quite Churchillianly original. “Not a matter of opinion in my opinion.” I am adding commentary, ignore if you believe as you do. As for promoting a pump and dump-you don’t see me hyping dates or price thresholds.
Wow thanks for info.He was our mascot here to say the least.Always loved a challenging question ,and always kept his cool .Sometimes we get a little abrasive in dialogue on these message boards
RIP POP
Sorry to hear that he will be missed.
@diarch. This is not a matter of opinion in my opinion. You are spreading misinformation in my opinion.
Bigfootbud Tuesday, 03/09/21 01:48:14 AM
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Post # of 325973
Loved you Pop!! :) See you again... :)
Poptech
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Default Signature “It ain’t so much the things we don’t know that get us into trouble. It’s the things we know that just ain’t so.” Henry Wheeler Shaw
Pop is not with us anymore. The original post was deleted but go back to my post 325969 and several posts that follow.
Real-take your course, I’m taking mine. My position, my money. My opinion.
@diarch. The Saudi NEOM project has nothing to do with the NEOM stockticker. The Saudi's simply bought the domain when NeoMedia Technologies, Inc was foreclosed on. Stop this pump and dump insanity.
This IS an Alice in Wonderland undertaking. Insanity rules. Go big or go home.
https://www.middleeasteye.net/news/saudi-arabia-billion-trees-climate-change
My colleague in KSA reports of high attrition and turnover at NEOM. Don’t be surprised if you hear a recruitment ding dong. They need everything, everyone-from astronomers to zoologists.
Meanwhile-we can all place thumbs behind our suspenders as proud NEOM angels. ;-0
NOPE! Yorkville/Neom LLC still own that one. LOL
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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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