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Neil, That thought has wandered in and out of my head some lately also. [At least part owner of Neom]. As far as Neustar's neutrality, What's worse, Part owner or exclusive licensing agent?
hangdog, I sure hope so, I'm running out of Pepto Bismal. LOL
Nov.29 2009. [1]. 6 months written notices between company and Iain about Iain's employment tenure intentions, [2]. Sale deadline for Iain's commission, [3]. Stock option #1 becomes vested [exercisable] YES, I'd say we could get many signals by Nov. 29th or around that time. Like I said I have big red X on my calender for Nov. 29th. Since the 29th is on Sunday and Thanksgiving is the 26th, I'm also watching 25th and 27th.
Movieguy, I'm betting the same way as you.
BC, Since most of these companies want to know who they're going to be dealing with, I think Neom and Iain need to settle the matter of his tenure as soon as possible and let it be known and not wait until May. [I think Iain McCready will be making some of the most important decisions of his professional life on or around Nov. 29th. WE'll see what he decides.]
SRM, Unless Iain's employment contract and one of his option agreements is either ammended or replaced before Nov. 29th we should know then what he will do. I have a big red X on my calender on that date. P.S. I believe he'll opt for the chance for the big money also, but then again I don't know anything about his personal circumstances either.
If Neomedia were to hire or have hired one of these consulting firms whose expertise is in placing value on a company, would that be considered a "material event" and have to be reported or would it be considered just normal course of business and not have to be reported?
Clawmann, The link was posted by yellowjacket. post #194201 This is the document I read as best as I could. I can't post links, but you'll find it in yellowjacket's post. Thank you.
Even in debating differring views and opinions This board possesses a level of dignity and DECENCY that no other board I've looked at has. A credit to the moderators and especially a credit to the DECENCY of the posters here. Civil debate and discussion are a great learning tool. I hope I can make the party or at least a SHM. I'd like to shake each and everyone's hand someday or at least as many as possible. I'll be on the back row of the "smallfry" section. LOL
Clawmann, Are you around? I have a legal question for you. I've drawn some conclusions after reading one of these debt instruments [in it's entirety and trying to understand it's entire intent without putting to much weight on any one section or paragraph and to not take any one part out of context as to let that one part outweigh the context of the entire agreement,] Is there a legal distinction between the words RETIRE and REDEMPTION as used in these agreements. I see the language designed to prevent early redemption and understand some of the many reasons YA has as a lender for this. I however saw no prohibitive language against allowing Neomedia to RETIRE these instruments as agreed upon the due date with cash payment of principle and accrued interest due at that time. If you could clarify this it would help me to maybe not draw the wrong conclusion about this. I can very easily see why YA doesn't want to be replaced by another lender right at the point of success. I think they desire to ride this to prosperity just as we do. Of course they have some options as to what course of action they could take in the future but as I see it only one which would benefit them the most. Any other course would only cut their own throats as well as ours. They desire the highest and best return on their investment just as we do. Thanks. I havent seen you post in a few days, I hope you are well.
Arp, Too much pessimism can be just as dangerous. I became so pessimistic about Neom a few months ago that I almost sold my Neom stock. Thank God I didn't. I know of nothing that was ever built or achieved based on pessimism.
Oldteck, I'm full of optimism about this company too. [My friends say I'm full of something else also.] LOL That being said, I am 99.9% optimistic that within 2 to 3 years, I'll be able to use a small percentage of my Neom stock to supplement my very limited retirement income each year. The only reason I didn't say 100% is because no one can predict the future with 100% degree of certainty. To say the least, I'm extremly optimistic. [OOPS I forgot AYE.]
Banks, I'm relatively new here but I second that sentiment 100%. And I also include others as well.
I think that's part of the problem. Many seem to be slow to accept the fact [YES FACT] that the 10 year ago scenario changed in the month of Oct 2009 forever with this company.
phish, I wasn't trying to correct you in any way, just trying to add emphasis to your post which is a great point you've made. [P.S. I don't have the ability to correct anyone on this board.]
Oldteck, This use of this technology doesn't get mentioned enough. Thanks. I believe the pharmaceutical use of this will be one of our biggest money makers. Thanks again. [ This use serves as a safety net so to speak in the very unlikely event that the public is slow to utilize this technology. The big drug companies will surely be glad to spend money and use this technology to combat the loss of billions to counterfeit drugs, and this is but one of the ways the drug companies can utilize this technology. Thanks again.
Phish, I think the goal and intent is that it be scanned and applied immediately at the point of sale.
yellowjacket, I have read this board dilligently for several months now and am aware of the many doudts and concerns expressed here and since the Neustar deal and the Scanbuy settlement, The only concern I have at this time is that Neomedia should sell out to soon and to cheap.[and that includes concerns about YA also] I believe YA's interests are becoming aligned with ours more and more with each Neomedia success.
Yellowjacket, I don't much like this "consortium" the bankers and credit card companies are talking about to share revenues. Sounds to me like they're trying to back door their way into some of the potential revenue coming to Neomedia, Neustar, Scanbuy and others in this technology or ecosystem, like you said we already have a consortium being built. Let the banks and credit card companies pay like everybody else.
I do. I've ground my teeth down to the nubbins watching this Neom stock. LOL
Thanks yellowjacket, Since I hold a higher regard of your opinion in this than my own because of my lack of knowledge in all this, That sure makes me feel better to hear it from you. Thanks again. You see, I believe some of the frightening language in YA's debt instruments were put there to protect themselves in case of Neom failure but not necessarially to be acted on in case of Neom success, but you folks have lived with YA much longer than I.
yellowjacket, YA must have had at least two plans or courses of action in mind from the beginning of their involvement with Neomedia, one in case of Neomedia failure and another if Neomedia succeded. The contracts are written and clear what they could and would do in case of failure but their [YA's] plan of action to reap the highest return on their investment with Neomedia's success would have to involve a different strategy. My opinion is that they will end dillution soon and allow Neomedia to retire the debt as agreed, when agreed with interest agreed to and allow their common stock to grow in value as this company grows. This is my opinion as to how they will get the best return on their money. You have a much better insight to all this than I do. Would you mind giving your take on YA's plan from here forward with Neomedia's success and great potential for PPS increase. Opinion of course but I'd love to hear your's.
Be Confident, I read your post. I keep asking myself if Neomedia would be better served as a member of this consortium or new company or simply licensing it. What do you think?
Phishentine, I used the words "coming together" poor choice of words. Please read the link posted by MJAM2020 #193943. It is the wording used in the Neustar and Neomedia agreement. My apologies if my post was misleading. Thanks LOS
rwandrw, It was part of their agreement dated Oct. 2nd. It was in their agreement or their press release about the agreement. I can't post links, maybe someone on the board could post you a link to the information and help out if possible Thanks.[8K released Oct. 6th].
Very well said Poptech, Remember Monday Nov. 2nd is when Neustar and Neomedia are coming together with combined PR strategy.
Zacked, My opinion is probably the least respected on this board as it should be, but if I had any more extra money coming in right now, I'd be buying all the Neom stock I could get my hands on. That's what I would do but you have to make your own decision. December will be important with how Iain's contract is handled. If he sells the company we'll surely get more than the PPS is today. If he gets a new contract and grows the company we'll stand to see an even better increase. [In my opinion] I see it as a win-win situation either way. I hope he stays and grows the company.
Oldteck, If Iain gets a new contract in December with more weight on his stock options rewarding him than a sell of the company at this time, then I believe you will see a lot more PR's directed at helping Neom's PPS.
koko, I don;t keep a well stocked kitchen but am finding these codes on more and more of my recent purchases. Liquid Dawn, Hunts spaghetti sauce to name two I noticed .
NO! You've got your sights set to low.
hangdog, Iain has something better than a crystal ball. He also has a day to day look at earnings and a day to day look at deals and deals to be made and these deal's potential earnings. He also knows earnings plays an important role in driving share price. I think his vision of taking this company to where it should be involves earnings that will justify a share price far greater than 26 cents a share. I guess we'll soon find out in December when we see what happens with his contract and a sell of this company or not. [To sell this company in December would be like picking cotton all day and only weighing up what you picked the first 10 minutes.] My opinion is he'll get a new contract and this company will be allowed to grow.
Raymond, That's right, just give it about 3 quarterly reports and then if the numbers don't look good to you then re-evaluate your thinking on Neom. Neom has a pretty rough track record to overcome in the minds of investors who have been watching this but haven't gotten in yet. A few good earning or revenue reports will wash that track record from their minds and they will come in. The future is clearly bright for Neom, something that was still up in the air as recently as the beginning of this month. Remember, most people are not as well informed about Neom as most on this board. IMO
Please, Iain we DO NOT need a buyout now because it's too early.
train, was it worth the pain? LOL
les, I think Neomedia did give Scanbuy something of value for the fully paid up licenses. I think Neomedia forgave part or all of the cash payment they were asking Scanbuy for past infringements. This would carry value. Did Neomedia pay Scanbuy any money out of pocket? NO but would have been giving up some of the cash owed them So my God everybody is part right. Also if Neomedia was in the position to forfiet cash in the settlement, it speaks volumes as to their need for cash now as opposed to what it once was. This is only my opinion feeble as it is but my opinion anyway.
Plus, We [NEOM] could make a little money out of it also. CLICK CLICK CLICK. LOL
JP, The "shot across the bow" Neom fired with the Scanbuy case and settlement should have been heard by all these barcode companies. The license PR's should begin to roll in. Once they do, then some of the "WHALES" will see NEOM for what it is, The best "cash cow" opportunity to come along in a long long time, then watch out for the buyout bids. My opinion of course.
I honestly believe that if you guys who have managed to put yourselves into the multi-million shareholders club in Neom will hang tuff until about 2012, you might need to make sure that Forbes Magazine has the correct spelling of all your names. LOL [P.S. I really mean it.]
JP, Selling too soon is something I also hope does not happen. [P.S. Timing is everything and unless there's some fly in the ointment that we're not aware of, now "ain't" the time to sell this company.]
I vote for KOKONUTGUY FOR BOARD OF DIRECTORS. His post is a great indication of his exceptional understanding of what is necessary to optimize Neomedia's full potential. Thank you Kokonutguy.