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I haven't received anything.
Wasn't the date and location changed?
Because they needed to refile something?
Very difficult to believe.
Neomedia will not acquire financing from anyone other than YA Global. The back pocket cash Ian and the BODs are probably getting is too juicy. Almost as delicious as our congressmen receiving their back pocket cash from special interests.
As for a reverse split ending up being good or bad, the story
will soon be told.
As for the reputation of YA Global, there is a long track record verifying that they are a 'win at all costs' entity. They don't give a rats petunia about shareholders. They have proven untrustworthy and unreliable to our best interests.
Would YOU be surprised over this scenerio?
A reverse split happens. The pps recalculates to .50 or so. Our shares are 100x lower in number. YA Global begins their conversion and dumping campaign. Brings the pps back down to .05 or .01 or lower.
In 2011, revenues continue to be non existent. Talk begins about making neom look attractive to institutional investors again. Solution is stated to be another reverse split.
The NEOM CEO, and the BOD's decide to accept another YA Global stellar financing package with the r/s factored in. Our shares are reduced by another 100x
That would be yummy.
Imagination? What?
What are you talking about?
This was a stock that some people here bought 6-10 years ago.
With ground breaking technology, the potential for a shareholder was immense. It could have been AS profitable AS a microsoft type.
How long have you been in? Not long?
Have you paid attention to what's happened over 8 years?
Up 1 100ths of a penny. Moving like a true champion.
A real difference, ey?
Now, every bit of information we are getting from Neustar and the industry is very promising.
Let's hope that YA gets its filthy little hands off of Neomedia, and allows this stock to prosper.
The company is going to be successful. Let's see how successful the shareholders are allowed to become.
IT'S EXACTLY THE SAME PATTERN WE'VE SEEN FOR THE LAST DECADE.
THERE'S ABSOLUTELY ZERO DIFFERENCE. THERE'S NO REASON TO CONSIDER IT A POSITIVE OR NEGATIVE. WE'VE GOT BASHERS AND PUMPERS. WHAT WE REALLY NEED IS A REALIST PERSPECTIVE, ADMITTING BOTH THE GOOD WITH THE BAD.
Thanks for all of the fresh, valuable, original insight.
A wonderful, intellectual perspective. What would we do
without such informative contributions such as yours?
Wouldn't it just stink if YA actually let the pps skyrocket overnight... and someone sold right before it and took the chance on a better reentry point.... Ouch.
Timing the market, especially with Neomedia, is a difficult thing to say the least. With all of the extra variables associated with neomedia, it's a risky proposition.
Neustar's Mobile Barcode Clearinghouse Services announced at GSMA's Mobile World Congress...
Now, is this an unofficial, indirect recognition from Mobile World Congress and maybe CTIA also? An unspoken concensus?
Or is Neustar just bypassing these entities?
Nice find canuck.
Let's hope that they're doing more than just letting Neustar do all of their work for them. Neustar can help tremendously, especially if the 2d mobile barcode marketing sector takes off and actually becomes something.
Broken promises and massive spending never works.
Claw, in your private message to me, who were you referencing?
Private message me again and let me know who you're talking about.
Nothing ever said or predicted by anyone on this board has materialized in exactly the way they predicted. Things have happened the complete opposite of the thousands of different predictions, guesses, and accusations thrown out there. Yours are no different, regardless if you have a strong 'feeling' or not.
This market may materialize and become something. The company, including YA, BODs, and common shareholders may in fact see a a profit to some degree. The proportion of everyone's piece of pie could not possibly be known at this point. At least not known by the common shareholder. YA is already eating some of the pie. The pie May be huge in the end, and I'm curious on how much is going to be shoved under the door for the follks in the asylum.
Regards,
neomfriend
Well, it is certainly a matter of opinion when it comes to past and present management's intelligence, knowledge of this market, and management skills. Was it leadership that led neomedia to purchase how many companies and sending neomedia into oceans of dilution? It's a matter of opinion.
But, my posts offer more than meet the eye. You'll need to read between the lines.
That's it? You shouldn't get yourself all worked up.
There's a 50/50 chance we come out of this ok, at least with our investment in neomedia.
We don't need weak leadership at Neomedia Technologies, especially when they put our livelihood in the hands of Yorkville Advisors (YA)Global Investments. There's alot of weakness, inexperience, ridiculous arrogance, and attitude floating around. Nothing seems to be done in the best interest of the vast majority.
How many CEOs has neomedia had that had no idea what the heck they were doing. Nobody needs weak leadership! How much spending (acquisitions) has occurred and where has it gotten us shareholders - with virtually nothing left!
How many times did we think that the Leadership at neomedia was bad, until the NEW leadership replaced him? And then things went from questionable to devastating!
Security & Exchange Commission Investigates Yorkville Advisors (YA) Global Invesmtents & Neomedia Technologies?
First, they are under investigation for possible fraud with Finnish drug developer Biotie.
Has an official investigation begun over their manipulation of Neomedia and the destruction of shareholder value, for their own personal gain and the possible gain of Neomedia management and the BODs?
http://the-cold-truth.blogspot.com/2009/11/yorkville-possible-subject-of-sec.html
Some on the board take the optimistic perspective, and others take the pessimistic one. I, for one, am trying to remain neutral at this point.
History says beware. But, we haven't ventured into this neck of the woods before, and maybe it could be the right time for a reverse split.
The writing will be on the wall one way or another after a RS takes place. Seeing that YA has a majority role in everything that happens with Neomedia, then both together should be requesting the reverse split as a step up, a step in the best interest of the company and shareholders.
If the RS happens, and nothing happens other than YA converting and selling, then we will know that nothing happened in the best interest of anyone or anything, orther than YA's best interest. And if that happens, they will open themselves up to litigation in my opinion.
In addition, the RS should not take place until there are guaranteed and significant revenues coming in the front door. If no revenues are starting, then in no way should the RS happen. That's the other writing on the wall.
Claw, when should we expect the DEF 14A?
How are you feeling currently about the reverse split, the reduction in par, and the available shares remaining at 5 billion?
Any new perspective?
Ameritrade & ScottTrade & other online account holders:
If we have all of our stock in your online accounts, what is the voting process? Do we receive the proxy in the mail?
Do we need to contact our online account? Or can we go and vote online as we stand now?
Your 50,000 shares @ the mid .0065 only cost you $325
You're probably have the smallest amount invested when compared to the 1000s of investors. You're still at even with your three hundred dollar investment.
There's many investors well over 50k invested in this stock, and they have every reason to be furious on the continued onslaught of their sharevalue. Many of these investors have big loses already in this stock. Multiple 5 digit losses.
They held and held and held.... with the hope that the company finally found the ground to stand on this past summer. This past summer and fall was finally justification that staying in this stock was worth it.
Then, along comes doctor death financing.
Give YA 53% of voting rights, reduced par by 10X, reduce shareholders OS by 100X, and put the Available Shares at 5 billion. At least we have plenty of shares available to hand over to YA in the future.
It's going to take 100s of millions of dollars in revenue just to get this share price above $1
And, to be honest, revenue hasn't even started. We'll be lucky to make any money this year.
Time to reverse split, spend all of the 2.5 million we just got, and go out and borrow another 2.5 million from YA in the late summer. After all, why go elsewhere for reasonable financing from respectable institutions. Then, we can start building up the Outstanding Shares back to the billions again.
Years ago, many us were willing to make an educated bet on this company, its patents, and the future of barcode mobile marketing.
We all saw that this concept was amazing, and that the potential for this industry was REAL.
We were willing to place bets with a fledgling company, that was holding the key to this bridge.
Step by step, this company has placed dagger by dagger into the backs of the very supporters (shareholders) that have been around since the early years.
It is utterly amazing how a company with so much potential has conducted its business.
It infused its shareholders with the AIDS virus. It's like having won the lottery and knowing your going to die next year anyways.
Up until early January, all of their bulls__t was almost bearable.
Poison pill? Fractowa, did you hear poison pill?
Fractowa will probably be happy to give his two cents on this one.
Yes, there is a poison pill, but.............
That was a very weak attempt to negate what I wrote.
You are joking, and you don't really believe that, do you?
If we were dealing with a company with a history of good decision making, good business relations, and honest financing, then
the ability to absorb a reverse split would be easier.
When is the last time a reverse split EVER benefitted a shareholder? 99 times out of 100 it doesn't. It's an attempt to disguise an ugly duckling.
Let's stop spewing out anger. Take it out on the company. There's absolutely no error in the math, son. It was laid out plain & simple for everyone to grasp. And you don't understand?
Your post sounds like something the neomedia ceo & board would say. You know better than that.
CHOW DOWN ON THE NUMBERS BELOW
Their share of the pie? What percentage is that?
How long have you been a shareholder?
What do you actually know of the history of neomedia?
If a reverse split happens, my shares decrease by 100X
The pps temporarily is up 100X and is stomped back down to pennies or subpenny with YAs selling. And, the AS is at 5 billion. 5 billion of dilution.
FOR YOUR VIEWING PLEASURE:
Let's say a shareholder invested $100,000 into this stock overall.
Let's say this shareholder's neom portfolio value is $50,000
with a pps of .01 with 5million shares. At the same time, YA votes a 1/100 Reverse split. Shares sinks to 50,000 and PPS jumps to $1 ........... Chances are that the pps is eventually forced back to .01 .. and then the value of that same portfolio is $500
What will it take for this investment to actually break even - after a reverse split? It will entail a $2 pps. Just to break even.
What will the portfolio be worth at a $2. PPS if there never is a reverse split? $10,000,000
What will it take for the same portfolio after a reverse split to reach the $10,000,000 mark? A $200 PPS.
I like everyone's chances a bit better WITHOUT A REVERSE SPLIT.
Injunction Time? Is it time to put a stop to this?
There's no way that giving Ya global over 50% of the voting rights for a temporary period of time, or at all, is legal.
It's certainly breaking a code of ethics at the minimum, and sabotaging EVERY SHAREHOLDER except ya global.
There's certainly been inside INFO floating around between the ceo, bods, and ya global (largest shareholder)
How on god's green earth can someone giving the company loans place a representative in the company, with an office and chair, watching the company's every move, and convert and sell their shares at the most optimal time?
Glimmer of hope? It's a done deal and we all know it.
It's only to make themselves 'look' concerned for everyone.
What I still can't understand is how the ceo and bods
can sabotage the common shareholder, by going to ya global for more toxic financing, this time being an infusion of death to the common shareholder value.
The most important aspect of the whole deal is HOW can they granted terms in which they will hold more than 50% of the voting rights for a temporary period of time, just enough time for them to shape this company in ONLY their favor.
There's no way its in anyone's interest except theirs, and there's been a serious
breach of ethics
There's no way the courts would see this as fair and just, and in the best interests of the shareholder (owners) of the company.
They'd strike this down immediately.
Investigation time.
If you have a breakdown of Latin America, we'd appreciate it. Because as we all know, there is a world of difference between MEXICO and the total of Latin America. I'd be interested to see Mexico's share of the Latin America 2009 camera phone market. I can't imagine bunching Mexico in with all of Latin America would produce an accurate account.
Just as Gartner missed their prediction about Latin America in 2009, they will probably miss the latest predictions, as I don't see it more than a shot in the dark guess.
Mexico: If 2d barcode mobile marketing takes off, it will be as big in Mexico as anywhere. You think Americans got to have the biggest and best of every new technology! Mexico is exactly the same. Everyone, including 2 year old infants, have camara cell phones. The more applications they can use, the happier they are!
Cornering the Mexican market is very big.
And we've already built relationships with Telcel.
Did the 8-k state that a reduction in par and reverse split are only options that they reverse the right to..... or it's a done deal and there will definitely be a meeting and vote on it?
Arp's response below is the very reason why shareholders have leverage, when it comes to the possible class action suit. A class action suit that could win the patents as our own (patents that really belong to us in the first place)
WHEN THE PPS WAS @.02 - .03 -.04 100/200/300% RETURNS WEREN'T GOOD ENOUGH FOR THEM. No, they had to go and convert below par for higher returns and convert in excess of their 4.99% restricted limited... Both illegal activities BUT THEY DID IT.
Knowing those details, and a review of all other financing deals with YA, just might get us shareholders an injunction from this latest BS to actually go through.
I don't recall EVER voting to give YA rights to prevent US from seeking financing from someone OTHER than YA. I would never have voted for giving them CONTROL over company financing.
I don't recall EVER voting to give YA Global 52% of voting control over our entire company for a temporary amount of time.
I don't recall EVER voting to include reverse splits, reduction of pars, or an increase in AS.
Our management agreed to all of these terms, and it basically was a pact with the devil.... and our 'shareholder souls' were given in exchange for the money.
I don't recall EVER voting to give YA Global permission to conduct illegal activities in their converting below par and going above their 4.99% limit? I don't recall that illegal practices are sometimes acceptable!
Iain gets paid big bucks... and secret pocket change (in the millions) throughout all of this. The same goes for the BODs.
ARP, Thanks for taking the time and breaking it down.
That's the best breakdown that's been presented.
Thanks again, especially since you've already sold...
and are spending your time for other people's sake.
The longer we go, the lowest closing price continuously goes up.
Where will it sit when it splits?
Also, hopefully in the long range future, a sale price of the company is in the billions.
Also, the revenue is LARGE and the pps graudually creeps up to big numbers.
Those are big hopes.
I disagree right back at ya. Where's your optimistic, luckyrabbit spirit, my man?
YA Global 'is doing just what they want. Rape, pillage...' for now. There will be a time when the company does not need financing. Then, we will rest at the OS levels. What that will look like is questionable.
I firmly believe that if YA Global ever sabotaged the company like you say, and then go ahead and sell the IP, that the LONG shareholders that bought in before this latest financing will have a huge lawsuit against YA, and will probably take that company for everything its worth. And with the class action will come criminal suits. It will uncover massive fraud.
Like I said previously, I don't know what will be left in the end in terms of shareholder value.... but I do believe the company will be successful to some degree, if not massively successful, and I also believe the company will not be driven into bankruptcy and closed.
If we can't apply for listing on Nasdaq NOW, or for at least 4 years.... can institutional investors invest IN otcbb stocks, if the PPS is above $5.00 a share?
Doesn't really matter if the 'market' sees neomedia, in terms of stock. Most of the 'market' can't touch neomedia stock anyways. For those who actually can.... I wonder if YA Global's involvement with neomedia financing, their requests of reverse splits and bottoming out par, and past failures of neomedia management come into play when they contemplate owning shares? Or, the ones that actually can, maybe they're daytrading the stock as well.
It does matter that the 'business world' sees neomedia, as we are the gate keeper of this technology... and we are helping lead the global march into 2d barcode mobile marketing.
The company will be successful, no matter what, imo.
The mystery is, will current holding shareholders reap the rewards. If so, to what degree?
Will YA Global rape the hell out of the stock until they can't?
If so, where does it leave the value of our holdings, for those holding long?
If the 2d barcode mobile marketing becomes as commonplace as text messaging, as it appears it will, then the only way to organize the phenomena is through a clearinghouse with the indirect method, and with NEOM patents.
Neomedia would be lucky if this year would actually qualify as a year meeting any of the criteria and standard to become eligible.
Therefore, it will be a minimum of 3 years after 2010 before being eligible for the Nasdaq... most likely.
Then, I don't see a reverse split making much sense.
If we've got 4+ years before being eligible for an exchange, then there's no reason for a reverse split. By that point, we can EARN our way up into the $5 range.
Can fund managers, etc. buy OTCBB stocks if their PPS is above $5 or so? Or do the stocks have to be on a real exchange, regardless?
I'm trying to figure out if it even makes any difference to make NEOM look 'pretty' to outsiders over the next 4+ years.
Nasdaq Listing - What are the general requirements of Nasdaq in terms of annual revenue and pps levels to get listed?
The big question is - do they want the RS to help qualify for getting listed?
or to instantly blow up the pps to sell their conversions at big proit levels and dilute again?
Lesnshawn - The floodgates would open in mid-2010 - and this year was going to be the HUGE breakout year for 2d barcode mobile marketing. Iain has said it convincingly as well.
The warrants again make alot of sense. Why push them so far out in the future... if they weren't planning on holding.
The Clearinghouse HAS TO be declared soon. It's in NOBODY's best interest to wait any longer.... and it's been since Sept 30 that proposals were to be submitted.
I also agree that once the clearinghouse is officially in neustar's hands, the licensing and campaigns begin to roll fast. And we all know, as soon as licensing starts to roll, campaigns and CLICKING starts to roll, and with all of that, comes BIG TIME revenue.
This phenomena is going to be AS BIG as texting, social networking, etc... How can the world of cell phone users resist such a phenomena? They won't.
I can't imagine that the company won't try to list on Nasdaq.
Why wouldn't they? It's in YA Global's best interest, if I'm deciphering all of this correctly. Regardless if they convert at .01 or .55 ..... it's much more profitable to sell when the PPS is at $65./share a few years down the road, than to sell at .45 or .25.
I guess the quickest way to get on the Nasdaq is the RS. That is the only reason a RS is good. Reduce the float, get on the Nasdaq and allow institutional investing to begin.... which WILL bring the pps up to $50-$100 when BIG TIME Revenues are the NORM.
They can be rich, just by diluting and slamming the pps.... after the RS... or they can be massively rich by allowing a listing on Nasdaq, and letting this thing run.
I don't personally know the break down of all of their options.... and the total number of shares they are able to convert over the years.
I am curious on how much is actually possible to convert and unload into the float over a year's period.
I'm also trying to grasp how the limit of 4.99% ownership of OS comes into play when considering YA's strategy of converting and holding/selling....
This dude's a daytrader.
His opinions and advice change with the wind.
Opinions and advice that are worth very little.
Is it universally accepted on this board that the Shopsavvy application IS infringing on NEOM patents, and NEEDS a license?
You're reading a bit too much into the post. Your analytical skills need a bit of a brushup.
Unfortunately, there's too many shareholders that are only following the herd, and would be doing nothing to prevent themselves from being led to slaughter. It's typical of donkeys with their tails between their legs. You're not bunched with these types, are ya?
GLTA
Good point les. It's not like they are among the world leaders in clearinghouse operations or anything.
They've already set up shop. And when the gates open, they'll be on the run. Let's go CTIA. Make the announcement. It appears the next CTIA event is in March.