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Certainly does not appear to have been voluntary.
4.3 Given the Employee was absent from work on grounds of ill health up to the Termination Date, the Company will pay the Employee £94.98 in respect of 8 days’ accrued sick pay.
**************************
5.1 In the circumstances, the Employee hereby alleges and/or confirms that the Employee and/or the legal advisers of the Employee that, in addition to common law and contractual claims, he has or will have the following statutory claims arising from his Employment and/or its termination:
(a) the right not to suffer unauthorised deductions from wages (s3), the right to a written statement of reasons for dismissal (s92), the right to a statutory redundancy payment (s35), the right to protection from suffering a detriment in employment (part V) and the right not to be unfairly dismissed under part X of the Employment Rights Act 1996;
http://www.sec.gov/Archives/edgar/data/1022701/000114420410054689/v199488_ex10-1.htm
I simply made an observation but if I wanted to speculate I would be thinking more like one big fish gobbling up two smaller fish not a neoscan merger. Call me krayse but I picked up another 15k shares today, and I like cigars.
gob·ble 1 (g b l). v. gob·bled, gob·bling, gob·bles. v.tr. 1. To devour in greedy gulps
Mike Wehrs, interim CEO of Scanbuy
Laura Marriott interim CEO of Neomedia
Both former head of MMA
Seems odd and not likely coincidental IMO
Don't believe I have seen this posted but may have missed it.
*****************************************
Mobile Tech Penetrates Retail
iTWeb
Frank Lenselink, a member of the supervisory board at NeoMedia Europe, says Europe is already employing mobile technology to make retail easier.
He says through 2D bar coding systems, which provide ease of use and mobility, retailers and customers are a few clicks away from making transactions without having to carry cards or cash.
Lenselink notes that people need and want to get info that is useful immediately, and that mobile creates engaging opportunities for an interactive experience between the brand and consumer. He believes this kind of technology puts control in the hands of the consumer, literally and figuratively.
“The 2D code is resilient and secure,” says Lenselink. “It is a fast means of access which enables retailers to integrate all retail solutions,” such as advertising, point-of-sale, customer database and loyalty programmes.”
He adds that if retailers control these components in the cloud, they can be integrated into retailers' existing business intelligence.
It is expected that this kind of technology will be available to provide a consistent high-quality user experience by 2011, concludes Lenselink.
http://neom.com/press/in_the_news/mobile-tech-penetrates-retail-itweb
http://www.itweb.co.za/index.php?option=com_content&view=article&id=37460:mobile-tech-penetrates-retail&catid=239
Messaging Interchange System
14.10.2010 Request for entry into the European phase
https://register.epoline.org/espacenet/application?number=EP09719680&tab=main
cloud3,
There is confusion on this board regarding Warrants and Debentures. YA acquired an option to PURCHASE 750K ($150k additional to NEOM) common shares at $.20 (the warrant) and they would have absolutly no reason to do so unless there was appreciation in stock price. If you could buy shares at $.20 and the stock was trading at $.50 you might be inclined to do so. However, YA can acquire common shares via the conversion of Debentures and Preferred Stock (funds already provided to NEOM) at a discount to the market (95% of lowest close in the last 125 days) at any time. YA has never exercised their option to purchase warrants but have converted debentures and Series C shares on many occasions and sold them into the market. (the source of dilution to date)
YA filed an Initial Statement of Beneficial Ownership pre split and there have been no revisions since. I have asked a couple of times and not gotten an answer but, I believe that any change to the status of that filing would require a change in ownership filing. According to the last Q there has been no dilution of this stock since the split but that could change at any time. We will need to keep an eye on the OS in the filings.
Hope that helps.
http://www.sec.gov/Archives/edgar/data/1022701/000114420410002933/xslF345X02/v171938_ex.xml
THIS RATIFICATION AGREEMENT (hereinafter, this “Agreement”) made this 27th day of May, 2010
The Borrower has represented to the Lender that it requires additional financing in order to pursue one or more transactions within the next ninety (90) days and that the expected proceeds from the consummation of such transaction(s) will be sufficient to repay the New Loan (as defined herein) and to fund the Borrower’s ongoing business operations for twelve (12) months. In connection therewith, the Borrower has requested that the Lender make an additional financial accommodation to the Borrower in the amount of $2,006,137.04 to fund ongoing business operations and to pay off the 4/1/10 Note (as defined in Schedule 1) in full, which financial accommodation shall be evidenced by, among other documents, instruments, and agreements, a certain Secured Convertible Debenture of even date herewith issued by the Borrower in favor of the Lender (the “New Debenture”, and collectively, together with this Agreement, the Existing Financing Documents, the Related Documents (as defined herein) and all other documents, instruments, and agreements executed in connection therewith or related thereto, the “Financing Documents”). The Lender has agreed to make such an additional financial accommodation to the Borrower but only upon the condition, among others, that the Borrower enters into this Agreement with the Lender.
http://www.sec.gov/Archives/edgar/data/1022701/000114420410031699/v187209_ex10-7.htm
Pacer - Doc #29 is pretty interesting.(joint discovery plan)
10/04/2010 29 Joint Discovery Plan by WILLIAM KLAWONN.(GRAIFMAN, GARY) (Entered: 10/04/2010)
10/05/2010 Minute Entry for proceedings held before Magistrate Judge Michael A. Shipp: Initial Scheduling Conference held on 10/5/2010. (NR ) (Entered: 10/06/2010)
10/06/2010 30 TEXT ORDER - The scheduling conference held on 10/5/10 is scheduled to continue on 11/5/10 at 11:30 a.m. in Newark - Courtroom 2C before the Hon. Michael A. Shipp, U.S.M.J. ORDERED by Magistrate Judge Michael A. Shipp on 10/6/10. (NR ) (Entered: 10/06/2010)
YA is not exercising warrants.
Does the market value of your home have any impact on how much you owe the bank? No
Does the market value of your home have an impact on your financial position? Yes
Am I sure - did the little piggy cry weee weee weeeeeeee all the way home?
Changes to fair value are reported in the financials and certainly have an impact either positive or negative (depending on the change in pps from reporting period to reporting period) to the financial position of the company but not the dollar amount owed.
You will find the financial reporting docs peppered with language similar to the following. IMO - Designed to confuse and doing a pretty good job of it.
******************************************************************
The carrying value of our liability for convertible instruments carried at fair value decreased $17.8 million during the six month period from December 31, 2009 to June 30, 2010. However, the fair values of these liabilities decreased $19.5 million. The difference between the change in carrying value and change in fair value is an extinguishment loss of $1.7 million resulting from the January 5, 2010 amendment.
Changes in the fair value of derivative instrument liabilities related to the bifurcated embedded derivative features of convertible instruments not carried at fair value are reported as “Gain (loss) from change in fair value of derivative liability.
http://www.sec.gov/Archives/edgar/data/1022701/000114420410044634/v193729_10q.htm
You are confusing warrants with convertible debentures. Two completly different instruments. The agreement gives YA the right to purchase 750k shares of common stock (the warrant) at $.20 which would provide proceeds to NEOM in the amount of $150k if exercised. The $475k loan (convertible debenture) is payable in cash or convertible into stock at the the fixed price of $.20 or 95% of the lowest close for the prior 60 days of trading.
All of YA's new warrants carry a cashless exercise formula which in essence means that if the pps rises to a satisfactory level (in YA's eyes) they can exercise warrants and obtain common stock at the predetermined formula without any cash outlay. It's complicated but all spelled out in the docs.
The debt amount changes as more debt is taken on or paid off. Interest accumulates every day that there is an outstanding balance. The share price has nothing at all to do with how much debt is owed Nothing. The share price has everything to do with how many shares that debt could be converted into.
I do not believe we will ever see YA excersise their option to purchase warrants. Cashless exercise perhaps, but direct purchase No. IMO
Anyway here is a recap of amounts owed under the various debentures - principal plus interest total is currently at $37 million.
The Borrower hereby acknowledges and agrees that it is liable to the Lender as follows:
Owed under the CCP-1 Debenture as of September 29, 2010:
Principal $ 5,000,000.00
Interest $ 1,749,277.79
Total $ 6,749,277.79
Owed under the CCP-2 Debenture as of September 29, 2010:
Principal $ 2,500,000.00
Interest $ 875,847.10
Total $ 3,375,847.00
Owed under the NEOM-4-1 Debenture as of September 29, 2010:
Principal $ 7,458,651.00
Interest $ 3,408,296.99
Total $ 10,886,947.99
Owed under the NEOM-1-1 Debenture as of September 29, 2010:
Principal $ 1,775,000.00
Interest $ 769,328.77
Total $ 2,544,328.77
Owed under the NEOM-2008-1 Debenture as of September 29, 2010:
Principal $ 390,000.00
Interest $ 146,737.50
Total $ 576,737.50
Owed under the NEOM-2008-2 Debenture as of September 29, 2010:
Principal $ 500,000.00
Interest $ 180,625.00
Total $ 680,625.00
Owed under the NEOM-2008-3 Debenture as of September 29, 2010:
Principal $ 790,000.00
Interest $ 281,108.34
Total $ 1,071,108.34
Owed under the NEOM-2008-4 Debenture as of September 29, 2010:
Principal $ 137,750.00
Interest $ 46,605.42
Total $ 184,355.42
Owed under the NEOM-9-1 Debenture as of September 29, 2010:
Principal $ 2,325,000.00
Interest $ 709,114.38
Total $ 3,034,114.38
Owed under the NEOM-9-2 Debenture as of September 29, 2010:
Principal $ 2,325,000.00
Interest $ 626,835.21
Total $ 2,951,835.21
Owed under the NEOM-9-4 Debenture as of September 29, 2010:
Principal $ 294,000.00
Interest $ 80,415.22
Total $ 374,415.22
Owed under the NEOM-9-5 Debenture as of September 29, 2010:
Principal $ 715,000.00
Interest $ 132,910.56
Total $ 847,910.56
Owed under the NEOM-9-6 Debenture as of September 29, 2010:
Principal $ 535,000.00
Interest $ 91,960.56
Total $ 626,960.56
Owed under the NEOM-9-7 Debenture as of September 29, 2010:
Principal $ 475,000.00
Interest $ 76,105.56
Total $ 551,105.56
Owed under the NEOM-10-1 Debenture as of September 29, 2010:
Principal $ 2,006,137.04
Interest $ 96,184.65
Total $ 2,102,321.69
Owed under the NEOM-10-2 Debenture as of September 29, 2010:
Principal $ 550,000.00
Interest $ 10,126.03
Total $ 560,126.03
Principal Total 27,776,538.04
Interest Total 9,281,479.08
Grand Total 37,118,017.02
So, the Durst patent invents interoperability as a concept, Messaging Interchange System refines it and Neustar/others work out the numbering protochols. It is going to be a win for NEOM however you slice it. IMO
The WIPO opinion on patentability is nothing that a terminal disclaimer wont resolve. IMO
What is the priority date on Durst?
Try to answer me before lunch, your hard enough to follow without the goose
Not the first time we have run into that Durst patent. Perhaps interoperability is already a patented process. I'm going to have to do a little more reading on that one.
Pops, question for you - why would you even need a registry if the "registration" was encoded into the barcode itself, such as this patent suggests?
The present invention operates by inputting into the client computer a linkage code (a machine readable code such as a bar code symbol or a human-readable alphanumeric text string) that includes a server identification code and an item identification code
http://investorshub.advfn.com/boards/replies.aspx?msg=53182027
Yep, Our little Neoreader is going to get a lot of use.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50940471
Krays: I looked at the foreign prior art and it was not Durst.
I am aware of this. I am also aware that to date, the prior art references point to a lack of novelty as being anticipated by the Durst patent 654933 which is also owned by NEOM.
In reference to your reply to LNS post, Why would we care if Neustar is the only clearinghouse so long as all clearinghouses (regardless of how many there are) are using NEOM IP to achieve interoperability provided that they are licensed to do so?
Looks like BEMS is on the move in SA. Need to use a translator for most of the website unless you speak Spanish.
http://www.bems.es/index_en.php
http://translate.google.com/translate?hl=en&sl=es&tl=en&u=http%3A%2F%2Fwww.ipmark.com%2Fnoticia%2F9205%2FDOSSIER%2Fatrapa-bidi.html%253Cbr%2520%2F%253E
Just an update on the Messaging Interchange patent application that is being processed at the USPTO. Probably still a ways to go before it becomes a patented case, if at all. NEOM is putting a lot of resources into this application on a worldwide basis. It is an important application to watch. IMO
The Benefits of a Clearinghouse Approach
September 30, 2010 in Barcodes, Mobile Ecosystem
The fragmentation of the mobile barcode ecosystem in the U.S. remains a significant barrier to the adoption of mobile barcodes. A central clearinghouse model would provide a standards-based approach for all players to interoperate in a more cohesive manner. Neustar’s Les Chasen explains how this approach aims to unify all readers and all formats so that any user, on any device, can read and use any barcode.
http://mobilenextbigthing.biz/2010/09/30/the-benefits-of-a-clearinghouse-approach/
http://www.wipo.int/pctdb/en/wo.jsp?WO=WO/2009/114710
Any reader, any barcode, any device, anytime - brought to you by Neomedia IP - ca ching!
Latest Pacer
09/27/2010 Minute Entry for proceedings held before Magistrate Judge Michael A. Shipp: Status Conference Call held on 9/27/2010. (NR) (Entered: 09/28/2010)
09/28/2010 28 TEXT ORDER - Per the 9/27/10 telephone status conference, parties shall file a Joint Discovery Plan no later than 10/4/10. There shall be a R.16 conference on 10/5/10 at 3:00 p.m. in Newark - Courtroom 2C before the Hon. Michael A. Shipp, U.S.M.J. ORDERED by Magistrate Judge Michael A. Shipp on 9/28/10. (NR) (Entered: 09/28/2010)
Pacer
09/24/2010 TEXT ORDER - The in-person R.16 conference currently scheduled for 9/27/10 at 10:00 a.m. has been converted to a telephone status conference. Counsel for defendant YA Global Investments is to initiate the call to (973) 645-3827. ORDERED by Magistrate Judge Michael A. Shipp on 9/24/10. (NR ) (Entered: 09/24/2010)
Diane Strahan Shares Her Thoughts on the Proliferation of Mobile Barcodes
http://mobilenextbigthing.biz/2010/09/14/diane-strahan-shares-her-thoughts-on-the-proliferation-of-mobile-barcodes/
U.S. District Court
District of New Jersey [LIVE] (Newark)
CIVIL DOCKET FOR CASE #: 2:10-cv-02108-SRC -MAS
KLAWONN v. YA GLOBAL INVESTMENTS, L.P. et al
Assigned to: Judge Stanley R. Chesler
Referred to: Magistrate Judge Michael A. Shipp
Cause: 15:78m(a) Securities Exchange Act
Date Filed: 04/26/2010
Jury Demand: Plaintiff
Nature of Suit: 850 Securities/Commodities
Jurisdiction: Federal Question
08/04/2010 21 ORDER granting 13 Motion for Jeffrey S. Abraham to Appear Pro Hac Vice. Signed by Magistrate Judge Michael A. Shipp on 08/03/2010. (nr, ) (Entered: 08/04/2010)
08/12/2010 Set Deadlines as to 10 MOTION to Dismiss. Replies due by 8/16/2010. (tt, ) (Entered: 08/12/2010)
08/12/2010 22 SCHEDULING ORDER Setting Scheduling Conference for 9/27/2010 at 10:00 AM in Newark - Courtroom 2C before Magistrate Judge Michael A. Shipp. Signed by Magistrate Judge Michael A. Shipp on 8/12/10. (NR ) (Entered: 08/12/2010)
08/16/2010 23 REPLY BRIEF to Opposition to Motion re 10 MOTION to Dismiss filed by YA GLOBAL INVESTMENTS, L.P.. (Attachments: # 1 Affidavit, # 2 Exhibit 1, # 3 Exhibit 2, # 4 Exhibit 3, # 5 Exhibit 4)(ENGLISH, BRIAN) (Entered: 08/16/2010)
08/16/2010 24 Exhibit Index to Re 23 Reply Brief to Opposition to Motion. (ENGLISH, BRIAN) (Entered: 08/16/2010)
09/01/2010 25 NOTICE of Change of Address by ELIZABETH J. SHER (SHER, ELIZABETH) (Entered: 09/01/2010)
09/03/2010 26 LETTER ORDER granting YA Global's request to submit a short letter no later than 9/8/2010. Signed by Magistrate Judge Michael A. Shipp on 09/03/2010. (nr, ) Modified on 9/8/2010 (NR, ). (Entered: 09/07/2010)
EPA/NHTSA proposing the use of QR Codes on their new fuel economy labeling.
Codes resolve to fueleconomy.gov/m
EPA and the National Highway Traffic Safety Administration (NHTSA) are revising the fuel economy label that is required on all new cars and light-duty trucks sold in the U.S. There are two primary label designs under consideration.
A QR CodeTM can be used by many Smartphones to access a web page, allowing consumers at a dealership to compare vehicles and personalize estimates, based on their own driving habits and fuel costs.
http://www.epa.gov/fueleconomy/label.htm
Mobile Health 2010 Downloadable Resource for Mobile Health Strategy
Posted on August 26, 2010 by renumobile
http://journal.renumobile.com/2010/08/26/mobile-health-2010-downloadable-resource-for-mobile-health-strategy/
http://medhealth.tmcnet.com/librarydownload.aspx?id=2940&title=MOBILE+HEALTH+2010&type=white%20papers
Flashed briefly on full screen with no instructions.
Saw one of these live for the first time last night.
http://www.fox.com/qrcodes/
http://tv.broadwayworld.com/article/Fox_Releases_QR_Codes_for_GLEE_et_al_Now_Available_20100802
36m pre split 360k post split. Still enough to move pps if they choose, but I believe they would have to report any sale into the market. Anyone know for sure?
Unless I am mistaken, YA's beneficial ownership status requires reporting of any market transactions to the SEC. No change to OS since last report makes it apparent that this stock is currently trading on market demand and free of dilution, at least for now.
http://www.sec.gov/Archives/edgar/data/1022701/000114420410002933/xslF345X02/v171938_ex.xml
Pacer updated
08/12/2010 Set Deadlines as to MOTION to Dismiss. Replies due by 8/16/2010. (tt, ) (Entered: 08/12/2010)
08/12/2010 SCHEDULING ORDER Setting Scheduling Conference for 9/27/2010 at 10:00 AM in Newark - Courtroom 2C before Magistrate Judge Michael A. Shipp. Signed by Magistrate Judge Michael A. Shipp on 8/12/10. (NR ) (Entered: 08/12/2010)
Might want to revisit this quote also. FWIW
First, there are no issued patents yet
That's an easy one from my viewpoint, NEOM holds the patents and I own shares. For me this is about return on investment, not barcode debates.
Indirect methodology will dominate the market, that becomes more evident with each passing day, why continue to fight a losing battle?
Scanbuy's New CEO Talks Mobile Bar Codes
requires a multi-bar-code reader application and interoperable Code Management Platform.
NeoMedia Technologies, which inked a deal with media company Buongiorno this week, are also looking for a piece of the action.
For now, there's plenty to go around. Wehrs knows from his stint at the MMA that the rate of spending on mobile marketing has more than doubled in 2010 and continues to increase at 2.5 times the overall spend in the industry.
"NeoMedia has no responsibility for interoperability"
I agree, but if the major ecosystem players want/need it, and they hold the patents that allow it to happen.... well, you do the math.....timeltell
When I take this quote from AT&T and combine it with these posts and add in all the interoperability dialogue that has surfaced lately from multiple sources, I get pretty comfortable with my decision to reinvest in NEOM,
Does AT&T Mobile Barcode Services interoperate with other solutions?
AT&T is actively working with other technology providers and carriers to make these various solutions interoperable. We recognize that providing a seamless experience and network is necessary for a good experience for consumers and businesses and striving to implement global standards wherever possible, in order to have an ecosystem that resolves barcodes as easily as making a phone call or sending a text message. This means that regardless of where a marketer creates a code, the goal will be for it to work across many networks, phones and platforms.
http://www.wireless.att.com/businesscenter/solutions/mobile-marketing/mobile-barcode-faqs.jsp
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53128506
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49467818
BTW, it would be nice if you reviseted your reply to my post regarding App# 12054507 and set the record straight. Claims 1-30 were cancelled in March of 2008. There was never any revenue sharing language in the application that I could find. There are 8 claims currently ammended and 5 added. The entire application had previously recieved a notice of allowance. Barkume ammended the claims after NOA which led to the final rejection and the RCE.
http://investorshub.advfn.com/boards/replies.aspx?msg=53128506
Direct method crowd doesn't like AT&T decision to go indirect. It can really suck to be outside looking in sometimes.
http://2d-code.co.uk/atandt-code-generator-sucks/
Mobile Barcodes — Real World Examples
http://mobilenextbigthing.biz/2010/08/10/mobile-barcodes-real-world-examples/