Hangdog.selling the program is the hard task, not the software. I think anyone who knows a little about software and computers knows that.

Please educate us on why it would take 10 years to get PC to work on the BREW platform, which even NEOM admits is the hardest of all the platforms out there.

I will bet you that MS or Google or any other company involved in software applications wouldnt have took 10 years to design such a program.

As to why no one else was doing it, its simple. The market wasnt ready for mobile marketing so no one was interested 2 years ago. But NEOM certainly was, since that was all they had to hang their hat on and entice investors. Their reselling business wasnt doing anything, and they didnt own the paint business then, so the only thing they had to entice investors was the so called launch of PC.

So the point is, since they wanted to be first up, they should of over the past 2 years got the software working for all phone platforms.

Selling the product is another issue and i dont believe at this time that management has what it takes to accomplish that task either. Remeber, they arent selling anything to the consumer, so all this educating people at the malls etc that is posted about here is fruitless. NEOM has to sell the technology to the OEMs and major product distributors. That is where NEOM is supposed to make all its revenue. So educating the masses at colleges and malls isnt going to do a bit of good if no vendor is using the system.

Because in 2 years they basically accomplished nothing, yet some here act as though this is the first stage. Its not the first stage that occurred over 2 years ago. By this time QODE should of been usable on every platform out there, and that isnt even accomplished yet. These platforms didnt just come about this year, they have been around since before the 2004 launch of QODE, yet today the company still dont have the product working on any platform except Symbian, and that just occurred.

And you as well state qode will be launched when all the pieces fall into place. ITS A SOFTWARE PROGRAM. It should be working now, and there should of been some campaigns over the past 2 years, just like all the subs are doing. BUT NEOM has not had a single campaign since the launch in 2004 until last months newspaper pilot program. It dont take 10 years to get a piece of software to work.

UPDATE TO QODE FOR DUMMIES.QODE or PC is a stand alone application that was launched 2 years ago. The fact that they havent been able to sell it to all the different players over the past 2 years is immaterial at this time.

The puzzle pieces to getting everyone on board has nothing to do with the fact that to date there is virtually no one on board except the ones who settled law suits. And that puzzle will still be going on 10 years from now, so in that sense the puzzle will never be complete. But it dont explain why the product hasnt been in use for the past two years with at least some marketing campaigns, since the initial launch.

And did I fail to mention that there are still only the original 2 phones that directly support PC. The same two models that were announced in 2003. So much for working with manufacturers, in 2 years they couldnt get anyone to embed QODE in the phones.

Stay tuned for the sequel called QODE FOR DUMMIES BEYOND DUMMIE.

The official launch occurred two years ago. The PR is on the companies web site. So why is patience needed to finish building a puzzle that was supposedly built two years ago. The only difference between Qode and Paperclick was the name change, so whats the hold up?

good question Axtreedoc.

Weerent you one of the ones that started it all off with the superman comments?

NEVER was put in the slammer. Another bit of misinformation. I wasnt allowed to post on NEOM board, but could post anywhere else on IHUB I felt like. I even started my own board even though it was only up a few hours, before I found out you cant have two for the same symbol.

EDITTED>>>>>>>Does that apply to both sides? Funny how most of my posts are responses to others, so just why did I respond with the same info 27 times? Must mean someone brought it up 27 different times HUH? And talk about ridicules, what about all these posts that have nothing to do with NEOM at all but are labelled DD and posted here. If GOOG sneezes and a pr is issued its all over this board. Yet we know for a fact Google has nothing to do with NEOM at this time. What about all the posts about company xyz and how they may be somehow working with NEOM. All baseless pump to get others to believe there is more to the story then is really there.

If you dont want to hear the same things 27 times, then stop bringing it up 27 times.

Yes Claw over time several of the longs did EVENTUALLY become more objective after the pps tanked. But they werent always that objective over the past 10 months. And there are just as many that havent become objective and are steadfast that the company has no problems and is going full steam ahead, and we dont need to name them do we. So the balance is still needed to offset that mentallity.

I retired 4 years ago at the ripe age of 45. As to how I spend my time thats up to me. You ever here of a thing called volunteers. Why do you think they volunteer, when there are so many other things they could be doing with their time? What about the gardener that spends 3 hours a day in the garden? Isnt there more productive things they could be doing. Oh and what about that football fan that sits for 3 - 4 hours in front of the TV but dont have the money when rent comes due?

Maybe its because different things bring different levels of enjoyment to different people. But I will say, you dont see some of us here posting day and night seven days a week, like some of the posters here. Makes you wonder just why they spend so much time here too huh?

HOKIEFAN....there are a ton of free services on the web, that will send you daily stock alerts and dont cost a dime. I used to use about 1 dozen, but it got to be too much, and now I just search and do my own finding. But they are there if you dont mind a ton of emails in your in box daily.

No KOKONUT.its more like someone standing up to the bullies, that say this is our view on this and if you dont like it sell and move on. Every time a negative opinion is stated here the attacks start. Some are so afraid that they preface their remarks with statements like "I am not bashing the stock but" because they dont want to have to be attacked by the opposing side. Thats sad when you have to include such a disclaimer in your opinion so you dont get attacked by others dont you think? And standing up to the bullies is a far cry from claiming to be superman.

bodreaux...........those someones you are talking about are putting the information out there for the general public that might not know what they own or are considering to own. The fact that you and a few others here repeatedly attack with the message you dont need saving is fine. Did you ever stop to think maybe the post wasnt intended for you, since this is a public board, where there may be hundreds of lurkers just wanting to get educated.

Contrary to what you ands others think, its not all about you or even about educating you, because as I have said in the past, the in crowd here has made up their minds and theres no changing that. Its more about presenting the other side for those who havent made up their minds yet, so they can see it from both sides and do some DD and then make up their minds. Its about like a classroom in school. Not everyone is going to be listening to the teacher, but there might be that 1 studenbt that does want to learn and is listening. The rest are just there because they have to be there for one reason or another. But a few are there because they really want to learn.

And that stock expert didnt know what he was talking about. Anyone who claims they are an expert, knows that a content provider will always be worth more then someone like NEOM. Google makes a large chunk of its revenue on ad space. NEOM will never own any ad space, with their existing business model. Yes I know you are referring to TS, and thats why anyone investing in such news letters should do so with caution and an open mind.

For what its worth, I discovered NEOM long before this so called expert. As one poster here stated I was talking about NEOM in another forum in late 2003, and he came out with his recommendation some 5 months later in 2004. So my point is you dont need to spend 3000.00 on someones news letter to find these stocks. I will say however if you are a syubscriber, you will certainly see a rise in price on the recommendation, and a drop down the road. So if you are day trading or swing trading, then these so called experts can make you money, just on the bases that they will drive the herd. but if you are buying the technology for the long term, there are no rewards in spending your money for an annuual subscription. NEOM is a perfect example of that. It was around .11 when he recommended it, shot up to the .70 range over time, and is now back to the .11 area where he started.

Its been estimated that when RFID goes into mainstream the cost of the tags will drop to around .02 a tag. Similiar to memory boards etc. the more you sell the cheaper they get. Why do you think it cost 2000.00 for a dinosaur of computers 5 years ago and now you can go buy one with most the bells and whistles for 700.00 at costco? Have you ever over the years bought memory boards for your computer. The price was oyutrageous 5 years ago, and now today you can buy one with 10 times the memory for less then half the old cost.

Do you think those little tags that are now placed inside items of value arent just as costly? I just bought 3 chain saw blades today and had to have 3 tags deactivated so that I didnt set the alarms of for 1 10.00 chain and 2, 20.00 chains.

340 million and 420.00 a share. So what are you asking? I dont believe anyone posting on a stock message board dont know how to find that out, so what is your motive. And if its to compare NEOM to GOOG, then you are way off base. GOOG is the top of the line content provider. NEOM will never be a content provider. NEOM will always only be the middle man that passes you through their servors to someone elses site. As such they will never achieve the market caps of google, and google has been in the business how long now? Their web site diednt just pop up and still has to gain support. Google when they went on line with their product the infrastructure was there to facilitate it. NEOM its a whole different ball game. The cell phone industry still has not adopted a policy on marketing yet, so the game is in the very early stages. Then what NEOM and others can do, will pretty much be controlled by the carriers and their fees, meaning its out of NEOMs hands. Yes licenses and key words they can control, but not mobile marketing.

IN4it..thats not true. The chip will be placed on every item in the future. Yes as is the case with any new technology, the costs up front are high. But the government and walmart have already gave their vendors deadlines to implement the chip. And its no more costly when it becomes mainstream, then the security tags now being placed on items that sets off the alarm when you try to walk out the store without paying for them. The RFID chip will solve both the security issue and the improved inventory tracking issues, and thats why 2 big guns have already committed to it.

I believe its a 1 million payment due the silent partners and not 2.1 million. I think they already paid 1.1 million and the total obligation was 2.1, but I would have to go recheck the filing to confirm that.

I did read it, and technically speaking it has happened. The shares are committed and its just a formality at this time that they arent listed as outstanding shares. The preferred probably wont be listed as outstanding shares for 2 years but they are a part of the overhang. NEOM has over 1 billion shares committed at this time, whether they are listed as outstanding or not. And if some deal isnt reached with the subs in the next couple months it will be more like 1.5 billion excluding the SEDA shares. So unless the pps rises drastically which I dont see happening, or the subs agree to some other terms, their 1 year is up in January and February for some of the acquisitions, and the stock then becomes sellable, whether the S-3 is approved or not and we owe them the guarantee at that time.

Clawman.you cant discount the stock that has been spoken for in warrants and preferred, and just those 2 put the count well above 1 billion. So the fact that the charts say 650 million outstanding is quite misleading. Then add to that the number of shares that are owed the subs that just got registered and the number of shares that we very well might have to pay the subs and you are at 1.5 billion. And anyone invested in this stock knows good and well thats where the number is heading regardless of what todays share count outstanding says. So to suggest something different is a little misleading dont you think?

And your opinion is wrong. I spent 3 years on the TFSM board educating the new investors there, because i didnt like the pumping that was going on there, just as was going on here when I started posting. So contrary to your opinion, some people do go around educating those wanting it, even though they have nothing invested themselves. And I was right 3 years ago and am still right if you look at that chart. It never has recovered to 2003 highs.

NEOM however I am invested in, but that dont mean I will sugar coat my analysis to please the pumper crowd. I will continue to call ot for what it is until I see proof in the numbers. And by the way I said 10 months ago, this technology wouldnt be main stream for at least 18 months, and someone here challenged that statement. Well we are over half way there, and not even close to it becoming mainstream, anywhere in the world. Even when they do get the launch off in the UK it will be another 6 months minimum before its mainstream.

All that touting sounds like what some here were doing as well. As for who is buying and selling, you dont know that with any stock, whether its covered by someones news letter or not, so what are you saying?

And speaking about apologies....well thats an interesting request on your part.

How many false starts have we heard on this board, that TS didnt have a thing to do with. As for touting the launch of PC, the company did enough of that themselves didnt they? Starting in 2003 forward, so why is it so bad when an outsider listens to them and repeats the same old stories?

Didnt you and others here also state NEOM management had mentioned several times they were talking to MSFT? I know I read it here, and believe one of the times was in one of the shareholders meetings.

As I have said before, the only one to blame for NEOMs current situation is NEOM management. Not Cornell, Not TS or anyone else. They should of had this product to market two years ago when the initial launch took place. Yet the OP3s and others are zooming right past them.

And the many shareholders who frequent here and have lost big time, have only the posters here, they listened to to blame. Its ironic that a year ago this company had a market cap 20 times sales and you and others were telling everyone to buy on the dips. And lets not forget the statements about how its gonna happen sooner then some of us think, and also how its gonna turn the mobile market on its head. We are still a long ways from any of that becoming a reality, yet it was being stated here as fact a year ago.

We already had this discussion about 10 months ago and you were a part of it. NEOM is not SIRI and cannot be compared to SIRI, and the reasons why were explicitly explained during that debate. If I am not mistaken SIRI at that time had about 1 billion in assets and huge capital expenditures to put their system in place. NEOM isnt even close to SIRI for comparison.

I wouldnt be so sure of the staying under .10 statement if i were you. There is another 10 million market cap coming on its way as soon as the 112 million shares for the acquisitions are approved, in the latest S-3 filing. That will move NEOMS market cap back up to close to 60 million on 24 million in slaes as we know it today.

why did you not bold the 3 words in front of that? The ones that say SOME OF THE. Since mobile marketing is in its infancy in most of the world 2 campaigns launched allows you to make the statement, you have run SOME OF THE most successful mobile marketing programs.

However I am willing to bet that they dont compare to Asia or Japan in particular, where MOST OF THE successful marketing campaigns are being run.

I agree the pr is very weak to say the least. Just confirming what we already knew about 1st half revenue, and iterating second half will be about the same.

As to releasing names of contracts, some of the companies these subs are doing campaigns for want the info released, so the masses are aware of the campaign going on. I can see the telecoms and carriers not wanting release, but the other companies doing campaigns and they dont want it released in as many medias as possible? Thats not very smart business in my opinion. Surely the Mcdonalds etc want all the exposure they can get in these campaigns?

"If they were acquiring companies with little or no earnings, and only visions, then I would be concerned.
"

Are you talking about REVENUE or EARNINGS, because most of the acquisitions have no EARNINGS? And you say that would concern you if that were the case. Well that is the case as best we know it right now.

Just look at the trailing 12 month numbers and you can judge that. I believe the trailing 12 month losses were 9.4 million or something along those lines. So it didnt all happen because of the crash in the late 90's. I think if you read their SEC filings as well, if I am not mistaken, it states that they have never had any earnings, before the crash or after the crash.

What I will agree on is the time to roll out QODE was 2 years ago when the intitial launch occurred. The EU by the CEOs own words is 18 months ahead of the US, so we should of been up and running in that market shortly after that launch, and yet 2 years later they are still trying to get the programs working for the different cell phone platforms that are in use over there. Thats a little behind the ball wouldnt you agree?

What you are forgetting is that NEOMs core product was developed in 1995 and initially launched in 2004 the first time. You cant look at the acquisitions to be the ones responsible to produce the earnings, NEOM has that responsibility. And to date they have something like 88 million loss in RETAINED EARNINGS. That means the company in the past 10 years has lost 88 million dollars of investors money. Those are the issues you need to look at when you try to put a value on the companies pps.

The book value per share that someone mentioned in another post at being .089 is only that high because of a massive amount of goodwill on the balance sheets. Get rid of the good will and the book value is below a penny.

"It's only down because of the clown's manipulation"

Its down because its where it should of been. You are right to a degree about TS. No one should of been promoting this stock a year ago with the market cap it had at that time. The market cap at the end of last year was around 200 million or over 20 times sales. Remember, before the acquisitions the sales were around 2 million a quarter or 8 million a year. A good multiple to sales is 2 to 3 times sales for stocks in this sector. With sales now at approximately 24 million a year as best we know based on second quarters 6.6 million NEOMS market cap should be around 48 million, right where its at now.

You cant blame TS for that aspect, although he was very instrumental in getting the pps to ryn to .70 at one time. But the current PPS is all managements doing and no one elses.

You are right Claw. Most officers and are in possession of material news on a daily basis just about. I as a shareholder certainly hope that they are anyway. In the case of NEOM I believe that also includes the BOD. Certainly they are working on negotiations with the subs as well as financing issues, since they would be required to sign off on any deals that are reached. Also if I am not mistaken, the BOD also gets a monthly financial report, but that really depends on the company. I know most board members would require a copy be sent to them, and especially in NEOMS case where the finances right now are very tight.

Having said that, I dont believe the SEC rules are as strict for insider buying as they are for insider selling. Yes if an officer buys on one day, and the next day news is released of a big new contract, the SEC will be looking into it. But generally, absent any news releases the SEC dont get involved in purchases.

In NEOMs case, the BOD has to have some material news thats not yet been disclosed. Surly the BOD knows what the purchase price for the paint business is that they are selling, and that hasnt been disclosed publicly yet. Even if there isnt a settled price yet, there has had to be discussions among the board and the purchaser, so the final contract can be ready by the deadline NEOM announced whish is only days away. And surely they are involved with the negotiations with the subs over accepting some kind of new agreement on the guaranteed share price. And if they are getting monthly financial reports, they know month by month what the companies revenue looks like, which also is material news.

I have not seen many plans to buy stock on the market by insiders. Usually its a one time purchase, unlike Fritz plan that was to sell over a length of time.

well that debunks a few theories or supposed facts that have been floating around here doesnt it?

The first was insiders cant buy company stock if they know of material events happening, and since so many here were sure that material events were in the works, that would prohibit him from buying on the market. So is there really positive material events in the works, or is that theory that insiders with knowledge cant buy just a myth?

The second one was that they have to have a plan. Any one seen any mention of a plan?

I didnt want to spend hours or days on the SEC website to debate this issue when it came up, but I believe they can buy anytime. They just cant sell when they know something bad is about to happen, so a plan legitimises their sales.

Matter of fact most analysts look for insider buying, because it sends a signal something may be about to happen, or in the least management is confident in their company going forward

This is my 15 post so its my last for the day so dont bash me too much okay.LOL

By the way Drmyke(edited to correct the total shares to 547 million)..........you can see now how expensive these acquisitions really were. If we had 638 million shares outstanding, and these companies recieve 112 million, and if NEOM had to settle the guaranteed pps with stock thats another 435 million. So the total to the subs would be 547 million shares of NEOM plus the cash we paid for the acquisitions. Add it all up and it comes out to more then NEOMs Total market cap with the subs included. And the subs would be recieving close to as many shares as NEOM had outstanding before they bought the subs.

Of course if the pps goes up that all changes, but we are talking about the here and now.

By the way NEOMs market cap is only 47 million and their enterprise value only 56 million. So right now it looks like the subs made a hell of a deal considering most werent profitable.

http://finance.yahoo.com/q/ks?s=NEOM.OB

DRMYKE...I believe there are 638 million shares outstanding now. The subs will recieve 112 million shares once the S-3 is approved, bringing the total outstanding shares to about 750 million. Those 112 million shares are already theirs as part of the purchase price, and have nothing to do with the guaranteed shares they may recieve in some kind of settlement.

That number doesnt include all the shares covered by warrants, options, preferred etc. It also dont include any additional shares that would need to be registered if the subs agree to accept shares of stock in place of cash for the guaranteed share price. At .08 a share we owe the subs an additional 35 million dollars, and that converts into an additional 435 million shares if they took stock today at .08 a share.

So if you mean settled as in them taking stock there would be about 1.185 billion shares outstanding, plus all the warrants etc. I mentioned above.

Clawman.....NEOM(the poster) was suggesting that NEOM(the company) negotiate a lock up agreement with the subs, where NEOM(the company)officers would not sell any shares of their stock, if the subs in return would agree to extend the day the cash is due them for the guaranteed pps. NEOM(the poster) suggested that the company could guarantee the subs they would not sell any shares until the subs got paid the full amount owed them.

In this scenario, its a deal between NEOM and the subs that are owed the money, so yes they would have to agree to such a lock up agreement. NEOM(the posters) plan called for the subs to agree to extend the deadline 6, 9, or 12 months down the road, as to when they would get paid their difference in share price between the actual pps and the guaranteed pps.

Yes Claw I know that. I was responding to his suggestion about NEOM9the company) not selling future shares if the subs agree to a settlement months away. He has clarified that now though and said he meant they wouldnt be able to sell their own shares, not company shares. Yes they already have such an agreement with Cornell, but NEOM(the poster NEOM) was suggesting they enter the same kind of agreement with the subs for the guaranteed share price. I dont think that would fly with the subs however, and I thought he was saying the company would agree not to sell any new shares until subs get paid.

Anyone else getting this producttestpanel.com forcing itself into your browser when you respond to messages. It just started happening to me about an hour ago on this site.

http://producttestpanel.com/xmipod/index.php?p=xmipod&lid=xm-ipod_213_

Because you are suggesting that management agree not to sell any new shares until the subs are paid in full at a much later date. Management can not commit to such a restriction when they still need capital at this time and may have to sell SEDA shares once the registration is approved, to keep operating.

The paint business income might change all that but we dont know what the sale price is at this time. Based on the CC I did not hear a bidding war was going on, and it actually sounded like they were going forward with the Due Diligence with the original buyer in the LOI.

NEOM....they cant negotiate such a deal at this time. As best we know they are out of capital as we speak, or close to out of capital. At some point in the very near future they are going to have to sell shares to Cornell under the SEDA to raise enough funds to keep operating, unless enough warrants are exercised to give them the amount of capital needed.

Keep in mind at the end of Q2 they had 2.5 million dollars in cash to go forward on. They were burning around 2 million a month, or 6 million for the quarter based on operations. If they now have that down to 1 million a month as was suggested, it still leaves them in a bind. The extra 5 million from Cornell they raised added to the 2.5 million still only gives them operating cash for a maximum of six months from the end of June when they had the 2.5 million. So by the end of December even with a burn rate of 1 million a month they will be out of cash and have another 1 million payment due 31 dec 2006 to the silent partners.

PEEVEECEE....those numbers are straight out of the S-3 filing I included the link to, that was just recently filed. That S-3 lists the guaranteed prices I posted and it lists the total number of shares each recieved in the acquisition. So there is no arguing whether those numbers are accurate, since they appear in many filings to date. So there is no way an accountant can come up with 30 million no matter how they crunch those numbers. Unless the pps reaches .13 that is.

As you see Success from my calculations post, you cant take everything that company officials say as fact. The total number of shares is 112,965,720 that the subs recieved in the acquisition. Each .01 in share price adds or subtracts about 1.1 million dollars from the numbers I came up with. So to get to 30 million owed the stock has to be trading at .13 a share and it certainly wasnt trading at that when the CC was made.

But what the heck....whats a mistake of 5 or 6 million anyway? To management apparently 30 million was close enough to the actual amount, that the rest apparently dont matter.