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scan: If NEOM is now a subsidiary of the now-benevolent YA, YA would own all outstanding shares of NEOM.
Meaning, you own no shares in NEOM.
If you want to propose a new conspiracy for the gullible, you have to focus on developing a credible theory. This new one is not only incredible, it is nutters.
scan: The SEC doesn’t watch a company that does not exist. NEOM no longer exists.
scan: Fraud is being traded here. There are no publicly-traded NEOM shares. YA took them all as collateral and we shareholders overwhelmingly agreed that YA Global was so kind that they deserved the 5 billion outstanding shares.
We are nice like that. Plus we were being over-confident.
rocket: Yes, it is NEOM’s SEC filings.
rocket: It may show in your account, but you gave them to YA Global voluntarily. You don’t own a single share. That is why there will never be a bankruptcy. Shareholders voted to offer up our shares as collateral for a new debt deal. The shares are no longer registered as public shares with the Delaware Secretary of State.
scan: After NeoMedia went dark, they again filed with the SEC that YA Global was seizing all NEOM assets. As approved by NEOM shareholders, YA then seized all 5 billion shares of NEOM in a share consolidation. None of us own shares in NEOM.
They aren’t dark. NEOM doesn’t exist anymore.
junior: Ignoring that NeoMedia had nothing to do with 5G, 5G has a shorter transmission range than current standards.
junior: NeoMedia went dark the month before $40 million in debt came due in whole. Last reporting, they had about $60,000 in cash. YA called the loan and NEOM went out business. As voted up by shareholders, NEOM gave up rights to a bankruptcy, and surrendered all assets to the debt holder including all shares in NeoMedia.
There is no mystery. No pie.
Even before shuttering, NEOM had nothing to with 5G, payments or autonomous vehicles.
NEOM processed barcodes used in adverting. It was obviously a very bad business model.
Laura was a consultant to YA Global (NM, LLC), not General Manager. She left YA in January 2018. YA originally hired her to run NeoMedia.
Qode is a product, not a company. She is now a consultant with her own firm.
be: That is not an opinion; that is some mess up understanding of the law.
be: The highly significant reason is NEOM had $27,000 in cash and owed $40 million, that was due, when they went dark. Then they closed their doors forever.
How is this still a conspiracy to benefit you after all these NEOM closed?
be: The is nothing in the telecommunications industry called the “pipe.” 5G is not intended to address the volume of data to the wired network but instead the speed transmitting that data to a base station.
While all of your technology observations are not remotely accurate, NeoMedia had nothing to with telecommunications, AR, VR or payments. So why post it? Why keep trying to change the business model for a company long closed?
lesn: It is not NEOM, the stock symbol for this board. Be was referred to the great future of YA Global even though they no technology or patents related to AR.
war: Not to mention, NEOM had no technology or IP relates to AR or payments.
be: NEOM has not had a “Change In Control". They went out of business which is a Loss of Control.
big: NEOM went of business years ago but did not have to claim bankruptcy. The shareholders voted that, in the event of default, NEOM could immediately surrender all assets to YA Global. We wanted to make the asset grab easier on YA.
We are nice like that.
keep: It has already been posted here that, because they are in Colorado, NEOM had entered the medical marijuana space.
It was very enthusiastically received.
be: Soon-Shiong sold all his shares in NEOM years ago. He has serious financial and SEC legal issues with his own companies to be worries about old investments.
“Current Assignee NM, LLC .” Nobody is so dumb, they cannot figure out what that means.
scan: I think Fritz passed away. However, he has not been with NeoMedia for years and in the interim sued NEOM and won.
scan: Nobody is dumb enough to think NEOM owns any patents.
scan: 2nd line on your link: “Current Assignee NM, LLC .”
lucky: NEOM went out of business in 2016.
war: It was not a backroom deal. Investors enthusiastically voted to allow YA to seize the assets, in the event of a default, in exchange for consolidating the loans. This also eliminated the costs associated with a BK.
blade: My sense of it was that a shell, like NEOM, would trade around 2 years before being shut down by FINRA. We are little past that mark now.
iam: In general, what 'exactly' are you two discussing? What does Laura have to do with it? Are you just being sarcastic?
scanL I don't get it. Does
blade: That is a new one. They just made it up today.
be: You can beg, but NEOM, before they went out of business did not have a business plan of 'Conduent to Bring Digital, Cashless Payment Options'.
You are making all of this up out of thin air.
be: There is no entity as "Neom/NM/YA."
iam: "neom's NM white papers" don't exist.
keep: Last report NEOM had $60,000 in cash and declining.
be: NEOM surrendered their patents to NM when NEOM defaulted o a $40 loan. You know this.
be: You are “unquestionably wrong.”
Neom went out of business in 2016.
scan: The new business model is staying out of business.
be: No bankruptcy was filed because shareholders gladly voted that YA Global could assume all NEOM’s assets without a bankruptcy. When NeoMedia filed that YA was calling the debt, and NEOM was unable to pay, that notice served to end the company. NEOM closed. NEOM has no employees, no assets, no address, no board. There is nothing left with which to collaborate.
It takes 2 minutes of research to know this to be true.
be: You haven’t done one moment of “DD” unless you figured out NeoMedia closed. Lights out.
By the way, due diligence (“DD”) is what you do before you make an investment, not after you lost all your investment. So considering you lost all your investment, your extensive DD sucked.
scan:”Taking a peek at some additional moving average levels on shares of Neomedia Techs Inc (NEOM), the 200-day is at 0.00, the 50-day is 0.00, and the 7-day is sitting at 0.00.”
They have really hit on a trend.
be: The reason you put "paid" in quotes was because it was not a partnership. It was a covenant not to sue agreement with a one-time payment to YA Global.
When you think about it, it was a sign of things to come.
Your 'mantra' is yours alone. It never existed at NEOM. NEOM never had patents on RFID, payments, AR, drones or any of other random stuff you post.
be: None of that is “relevant” to NeoMedia.