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be: Your post is so off-topic. What did you think NEOM did before they went out of business?
be: Yes, off-topic posts are on the rise.
be: I believe not one word of your posts have anything to do with NEOM. What are you really promoting?
scania: “The concept” is up on Facebook. It has been for 2 years.
junior: I can’t decide if you believe any of the utter nonsense you post. What do think was NeoMedia’s business plan BEFORE they became a patent troll?
be: I pray you are drunk because that post was the height of utter, complete BS. There will be no “transformal” moment for barcodes.
rocket: No, NM, LLC did not pay the 7.5 year fees for the US patent which has allowed the "Clearinghouse" patent to lapse into the public domain. You are free to use it for free. Free patent for you! And for you!
People will be confused about why NM would do this. First, companies commonly let software patents go at the 7.5 year mark because technology is well aged after 10 years. Two, this was a smart business decision which is rare for these idiots. This patent was useless in the business world. As patent trolls, NM needs patents that people might actually use. NeoMedia tried to turn the patent into a business model with Nuestar in 2009. By the end of 2010, the test proved the business model did not work and Nuestar did not renew the agreement. This ended the idea of a barcode clearinghouse for QR codes. This failure was the impetus to NeoMedia closing its doors. In order for indirect coding to work, the backbone of NeoMedia's technology proposal, the world must have a clearinghouse. By 2010, there was none and Laura turned her business model to being a patent troll.
Unfortunately, it was a catastrophic decision to be a patent troll with an aging patent portfolio and no capital for new intellectual property. Within 5 years, the core patents expired and NeoMedia closed a few months later.
That is the story of NeoMedia in a nutshell.
be: YA let the patent go into public domain. They decided not to pay the fees to keep the patent. It was a solid business decision and they are doing it across the entire former-NEOM portfolio.
See the link on my previous post to you.
be: NM, LLC has let the US patent "MESSAGING INTERCHANGE SYSTEM" lapse this year by not paying the 7.5 year fee.
https://fees.uspto.gov/MaintenanceFees/fees/details?applicationNumber=12403127&patentNumber=8189466
This is happening across the portfolio.
rocket: July 1st on Google is just today's status. The patent was withdrawn in 2015. WIPO's opinion found the patent lacked novelty and an inventive step. They did find it had a commercial application but determined the subject was not patentable.
https://register.epo.org/application?number=EP09719680&lng=en&tab=doclist
be: Your post has absolutely nothing to do with NEOM. Nada. Zilch.
tank: 2012 was the Glory Year when Be promised everyone wealth and a free trip to Las Vegas if they bought NEOM stock.
rocket: NEOM was in the business of processing scanned barcodes. Rubio’s post points out the IBM’s product development would look at NOT using barcodes. If that had been successful, that would have been bad for NEOM. How he thought it was similar to NEOM is beyond me.
Anyone that tells you NEOM did anything other than processing barcodes is lying.
be: Nobody believes NEOM had anything to do with payments, VR, AR, MR, or XR.
NEOM, in their day, processed barcodes used in advertising. It was clearly a terrible business model.
nico: NEOM hasn't had a run in 4 years.
junior: NEOM is no longer “in dark mode.” After going dark, and deregistering their stock, NEOM filed, months later, that YA Global was seizing all their assets for being bums on their debt. The filing, by law, ended “going dark.”
rocket: 1 year trading pattern: .0001 - .00001. Looking good. At what PPS do you start losing return on investment?
rocket: He was pulling your leg. There is no bullish trading pattern.
Whit: We are waiting for FINRA to shut down the symbol. It is the only thing left to happen. However, NEOM has not traded at 'half a penny' for years.
be: The inconsistency is NEOM went out of business and a few people aren’t sure how you can tell. Hints: no corporate charter, no address, no employees, no cash, no clients, no BOD, no assets, no patents, no PR in many years, no filings in 3 years (last filing was a farewell message), no announcements in years; CFO says NeoMedia went out of business and he is surprised it is still trading.
Whit: Again, no connection to NEOM. It is just a fanciful post.
Whit: There is no connection to NEOM. NEOM went out of business years ago so we just post random stuff here.
be: One, major step forward today. This is the first time you would acknowledge that patents expire, such as when NEOM's core patents expired in 2015. A few months later, NeoMedia went out of business because you can't be a patent troll without patents.
Two, anyone that thinks NFC competes with barcodes, doesn't know anything about barcodes.
war: It is a shocker that the current assignee cannot be a company that does not exist, like NEOM.
rocket:
“Current assignee: NM, LLC”
scania: The entire NEOM team left in 2016 when the company closed forever.
war: Be spends life wishing NEOM was EVERYTHING other than a processor of barcodes used in advertising.
scan: It expires in 2028 and the “Current Assignee NM, LLC.”
However, the 'indirect patent' is the '048 patent and it has expired years ago. It was the bread and butter income for NEOM and they closed shortly after that.
junior: High number = $1.28
Like in one dollar and twenty-eight cents.
What is a low number to you?
scan: Nobody knows. YA now owns all NEOM stock because we voted to give it to YA so Laura Marriot could continue to get a salary. We are nice like that.
scan: Because shareholders voted to secure NEOM’s debt with their personal shares, YA owns all the shares of NEOM. YA took your shares in 2016 in a process they call “consolidation.”
be: You misunderstand. NM (YA) auctioned nothing. YA wants to keep as much of the former NEOM’s assets as possible because YA is paid by YA shareholders based on percent of the assets.
NM, LLC inflates assets for YA. Only YA wins, as it has always been.
scan: neom.com is registered to the country of Saudi Arabia.
be: “Due Diligence” is research done prior to making an investment, not after you lost the entire investment.
Junior: NeoMedia’s last 10Q showed it so “bone dry” that it was not clear how Laura was getting paid. She was the only remaining employee at the time.
be: Translation: Barry was still on Board of Directors. So, your wild new conspiracy, lacking a theory, is that no one but Laura knew of your wild theory.
Except, of course, you.
be: Like every board member, “Barry” was part-time. Do you think the ONLY full-time employee, Laura, was lying to the board? Seriously? That is your hope for the future? That is freaking nutters. It would also be illegal.
be: Not one word of your post has anything to do with NeoMedia.
be: There is no such thing as “NM's/Neom's/YA's business.”
You are now no longer in the dark.
scan: It does mean NeoMedia had no patents related to payments. It is a scam by those investors that lost the most that post about NeoMedia being involved in payments. They never were in payments.
The idea was invented here long after NeoMedia went out of business because investors were ashamed they had actually invested in NEOM’s real business plan. So, they made up many new business plans, one was that NEOM was involved in payments.