I look forward to the day SOG.
For now, let's wait and and whatch Lady Marriott
bring about the good things we so faithfully long for.

Junior

Good morning Neomities.
I would like to wish you all a Merry Christmas, and a happy and safe holiday.
Also thank you all for all the support, great posts, great DD, and for the continuos vote of hope that
Keeps us all walking on to the day that the sun will break through the coulds.
I feel truly thankful for all of those whose tireless efforts helps to keep the rest of us walking on.

Happy holiday.

Junior

Phoenix, or anyone else,
Up to when do we have to change our vote?


T.I. A.

Junior

Lesnshawn,
One quick question for you, and anyone else who can help. .
A week ago or so, Pop mentioned that Neomedia is not paying their monthly
interest, or their mortgage.
Can you, that seems to be in tune with things, or anyone else, confirm this?
I haven't been following the financing details of this loan/mortgage, so don't know for certain.
If Neomedia is using YA delution to make their monthly Internet payment, which accumulates to around $370k, we must vote YES for the RS or YA may forclose on Neomedia.

I am determined to stick to my NO RS vote, as are so many here; however, if this is what Laura means by "Contractural Obligations", we have to vote YES to the reverse split, if we want any portion of our investment to survive.

If this is the case, we have no choice if the mortgage payments are to be made every month.
I also understand why option 6 would not work as they would need to sell over a 1.1 billion shares a month @ $0.0003 just to cover the interest payment.

This part is important, and we must watch it carefully.

Your help would be appreciated.

T. I. A.


Junior

Person,
I don't mean to be a party pooper, but the fact that new offers keep coming up should show that they really want this RS.
$10 mil is not a small number to forgive, and I can only guess that YA really wants the reverse split.
I would thread on the caution side of things, as this may be simply an offer for a fresh start.
Imagine if the shares actually hit $1.00 and they only would have to pay Neomedia $0.17 per converted share.
With just over 2 million shares outstanding, and nearly 5 billion to go, this would become a diamond mine to them.
They may as well forgive 90% of the debt, as they still double their investment.
They are not stupid.

Anyway, may each man/woman vote as they best wish.
Laura should really aim at no dilution deals, or as I suggested earlier, let Neomedia be the share seller and the debt will be gone quick.
Negotiate with YA to allow Neomedia to sell the shares.
I bet you YA won't do it.

Junior

Agree Risk.
This feels almost desperate.
They want to start fresh, and they are willing to throw us a bone.
It's a lot of money to forgive, just to get a reverse split.
It's just so they can start fresh.
Laura should really seek new anti dilution terms along with some debt reduction, and she should be able to
Get the votes.
Or, even better, nogotiate a possible share offering, By Neomedia, to eliminate the debt.
They could clear this debt is a day!!!
I bet you that an investor would be happy to buy.

Junior

Person,
Strange that YA would give up about 30% of their investment just like that.
Just to get a reverse split.
They know that they can earn that back in just one day of trading after reverse split.
Assuming the shares would be trading at $0.51 after reverse split, and the conversion rate changes to $0.17, they would only need to sell about 30 milion shares to get their $10 mil back, and we get a cool $5 milion.

Although tempted, I still would like to see a greater assurance that they will not con us be a quick dip in the share price to reduce our piece of the pie.

Nice improvement, but seems like they REALLY want this reverse split,

WHY such hunger for it?

Junior

Person,
One thing I noticed since I joined the board is that a lot of posters make decisions on imagined possibilities, and that would include me.
Without factual evidence, decisions are made based on imagined possibilities, at which point greed and imaginations combine to give life to possibilities.
Now, lens, and yourself have been mentioning a possible buyer on the wings, and I would ask that you guys don't let the excitement cloud your reasoning.
Although I think Laura is a good CEO, and the board has done a good job for the company, I do think they are not giving the shareholder value part of the equation the entire attention it deserves, and this RS change makes a shareholder think closely about who in fact this will benefit.

Is there really a buyer waiting in the back office?

Or, will we banging out heads on the wall when YA begins their blood shed, and we are back to the crying and complaining.

Being that Laura and the board are very aware of our distaste for dilution, they, along with YA, should really aim
at offering some mind changing warranties that would help us change out votes.

Well, lets see how things go for the next week,

Perhaps things will change.

Junior

Pop,
Although tempted to change my vote, the fact that we are reversing by 1700, and they are looking, again, for 5 billion shares to play with makes one really question their motives.
I am surprised that the board does not negotiate with YA to allow Neomedia to sell shares into the market to pay down debt like so many companies do
However, this is a previllage they belongs only to YA, so they can turn Neomedia into their personal cash machine.
That alone should show the intentions of these financiers.
Now, if the future of the company is bright, as Laura suggests, I also find it difficult to believe that YA will sink the boat now that the real money will be coming in.
They stand to loose more that we, retail investors.
Do they not own 5% of the shares? Or is it 9.99%?

Junior

My point exactly.
More than enough shares.
No need for closing any doors.

Junior

Vero,
The fact is that it will be a lot easier and more profitable to sell the shares after the R/S.
All kinds of people will want to buy shares of a company with OS of around 3 million.
3 months later, it will be 300 million, and before you know it,,,,1 billion.

That's the way the story goes for YA, and lets not forget those surprise dives of the the share price to $0.10 that will reset the conversion rate, so they can convert and pay just about nothing to get rid of our debt.


It's a work of art how they so easily sway investors away as they feed their hopes.

I voted yes for 500 billion authorized shares to help satisfy the company's legal requirements to YA, and I'm not surprised that YA doesn't like it.

They know that they can't do much from this point down.

That's why Neomedia is under pressure from them.

Junior

Person,
Don't take this the wrong way, but you are not looking at the proposed numbers properly.
As Laura states, we have a bright future, they will pay the debt from operations, and there may be a possible investor.
Those things sound great, and, believe you me, I'm as tempted to change my vote as you are; however, look at the the redicules numbers they are proposing.

"1/1700 share reverse split", again look at that number.
"5 bilion authorized shares. " again, what need have we for 5 bilion authorized shares if we are close to being debt free.

More interesting is the fact that """""YA"""""", supposedly, will force them to close the doors if they don't get these numbers.

Again, who is pushing the pressure buttons??? """YA"""!!!

They care little about Neomedia or us, and you know that.

My feeling is that they are infact shorting the stock from countries where the SEC does not have jurisdiction.

Do they not have an account in a tax getaway canary island or something?

Anyway, Laura should really negotiate with them to allow for Neomedia to do stock offerings to the market to pay off debt by selling shares just as they do, but you will find, again, that they don't want that.

Only YA can convert and keep half the cash to themselves.

As to the proposed buyer, 3milion or 5 bilion should not really make a difference.
They still own the same percentage don't matter what the outstanding shares are.

Junior

Person,
YA is catering to your greed.
You are falling for it again.
By the tine this other investor comes in,
the newly 3milion shares, or so , after the reverse split, will be 3 billion shares.
Notice that they are only willing to negotiate after the reverse split is approved???
Notice how they are, AGAIN, requesting 5 billion authorized shares?!?!?!
Careful!!!
After the reverse split, the only thing you and all others will be able to do is to cry and complain daily on iHub.
For years I been listening to how eceryone wished they could come to a point of negotiation with Neomedia board and YA.
THIS IS IT!!!! Here you are!!!
Now, you should negotiate better terms, or, at least, seek better guaranties this time around.
Remember, YA, like all of us, has been waiting for this tree to bear fruit.
Do you think they will really let the fruit fade away into BK just like that?

Let's request done greater assurances, or, at least request the reverse split to be reduced to 100/1 shares or the authorized number to 1 billion.
What is wrong with these lower numbers if there is another invested lined up or the future is brighter than ever?!?!?!?

Again I say;;;;;"""CAREFUL!!!!!!"""

I'm sticking with my """"NO REVERSE SPLIT"""" until I see positive changes to my investment, more leaned toward a shareholder friendly arrangement.

Junior

I am NOT CHANGING my vote either.
I said yes to the 500 billion authorized, and there they have enough to supply YA.
They can easily novitiate with YA to allow them to do a market share offering to pay the debt off, and there YA can get their debt payment.
In this case, I will say yes to a 100/1 reverse split.
Aside from this, it will be NO!!!!
I'm willing to go down with the boat, which I know YA wont allow to sink.
They earn enough, and they stand to earn much more, with it.

Be strong everyone!
They need to come to an mutually beneficial agreement with us, Not just YA.

Junior

Phoenix,
You should first ask them to modify the proposed deal to reverse split 100/1,
And reduce the authorized shares to 1bilion.

If we infact are self sufficient, and we are meeting our monthly interest payments, why do we reduce our share number to such low number, and authorize to such a high number?

YA is looking to con the retail shareholders once more.

This time, unlike 2010, we have the power to negotiate and make a difference!!!!

Let push them a little harder so we get something for us too this time.

Careful with those quick decisions!

Junior


P. S. I am sending Laura an email about this, and I would suggest WE ALL do!!

WE CAN MAKE A DIFFERENCE THIS TIME AROUND!!!!

Don't be easily fooled by the illusion.
That's what they want you to think.
It will have a float of 3 mil shares for a day or so.
It will be 20 million a week later or so.
Keep in mind those surprise Huge Dips that happen for a trade or two.
They reset the conversion rate to nothing and YA get to sell millions of shares for $1 or so while Neomafia gets 100 k paid in debt.

Have up asked yourself why the 500 Bil authorized shares?

Why such number or even why 5 billion possible float if we have a buyer lined up?

You are falling for it again.

With no RS, we have more control!!!

They know it.

If in fact there is a buyer, they can propose an RS after the purchase.

Keep in mind that I pray you are right, just have to keep an open eye for the dark shadows.

NO RS!!!!!

Junior

You are dreaming again Personalizit.
After the RS, YA and Neomedia coordinate a couple of PRs, stocks goes up, IF IT ACTUALLY DOES, as investors are drunk with distrust for these two, and they just dilute away.
Ask yourself the question as to why such low share number after the RS.
This is all a great preparation for them to dilute the debt away and double their investment in a couple of months.
If we avoid the RS, they won't be able to as the share price does not have much further down to go.
I hope you are right, but Neomedia can RS split just as easy after a buyout.
You are letting your hopes cover your reasoning,,,,,,***IMO***.
By voting No RS, at least we can put the breaks on dilution a bit.
Let them request a RS after the buyout, if in fact there is one.
$$$$$$ I promise to vote yes for it then. $$$$$$

Junior

Person,
With all due respect, not only have we to contend with the games and suspense from Neomafia, YA, and company, but on top of everything you guys pull this kind of suspense on us too.
You are aware that you can use an "IMO" or "IMHOP" in your messages right?
Why add to all the suspense when, you, as well as most of us, are tired of it?

Regards, with hope of some good news,

Junior

Risk,
It's the reset part that I am concerned about.
Unless the share price holds, they just keep chipping at the portion that goes towards the debt.
Non the less, 100 mil shares should cover the debt if they could convert at the post reverse price.
They, YA, would still collect a cool extra 50 mil.


Junior

What do you figure will be the conversion rate?

Pop,
What about the conversion rate?
$1.00/ Share? $0.50/share?

That is the big question, and there is where YA wants to load up.

I just hope the board has ba""s enough to force then to agree to a high conversation rate.

It would workout for the company.


Junior.

Jack,
There irony is that YA keeps dropping the share value through dilution, yet they are some who have most to gain by the share value increasing.
It's beyond me!
I believe they have some derivatives that gain inversely to the share price.
In other words, the value of the derivatives goes up as the share value goes down, so they would have their money secured if this thing goes to zero.

This may explain it.

Not 100 % sure.
Some of the experts here can shed some light on this if I am wrong.

Junior

Guys, I know YA is greedy, and they show little concern for anyone else but themselves.
The point that I am trying to make is, could there be a possibility of inducing the board to propose
a share offering?

That is all.

I don't want a RS anymore than anyone here, and I don't really like the Authorized share number to increase; however, of the two I prefer the share I crease as the share proce does not have much further down to go.

Junior

diarch,
It really should not, but I'm willing to accept the past since we were borrowing monthly and we had little prospects of success.
Now we are self sufficient and we have a some licensees and customers, so it's time to stop fooling around and get things going.
YA earned enough to pay for their trouble, they have 5%, or perhaps more, of the shares, so lets kill this debt and hit the growth highway where WE ALL reap the rewards of our investment.


Junior

Pop,
I thought that was the case, but that number gets reset along the way which can be manipulated along the way as we saw over the years when we had those surprising short drops.

As to the offering, it should be a key proposal made to YA to allow it if the board is really is keen on retiring this debt once and for all.
I suspect the market would take it well, and those shares should sell fairly quick since we would have a debt, and YA, free Neomedia.

Did not YA forgive the warrants, and did they not extend the debt payment dead line?
This would work to their benefit as well, I believe.

Junior

Good points indeed!
If only they really cared for the retail investor.
Unfortunately, through manipulation, and pump and dump, with a touch of greed, they always
seem to find buyers.
I was believing that this time was for real.
I guess we have to see.
Maybe it is, who knows?

Junior

Even better PClick.
The idea in my question is that The Board feels with need the Reverse Split as we are
Entering the growth phase and this supports the company growth,
So why the need for so many Authorized shares?

YA has extended debt payment dead line, and we are self sufficient, so why do they need the shares?

They need them because the conversion rate may be a tenth of a penny, so they need to convert Billions to cover the debt, but YA keeps the difference between a tenth of a penny and $1.30 why would be the the share value if in fact we have a reverse split.

These guys are laying the foundation to open the gates to the gold mine.

If The Board wants a reverse split and gets it, they should do a share offering to the market with the reason of using the proceeds to pay the debt.

Then we are a debt free corporation with an share outstanding count of 50 million or so.

Junior

Person,
This is if we end up reverse splitting.

Junior

Lesnshawn,
1-)[color=red][/color]Would you mind asking why they ask for such a number of Authorized shares?
If we are infact Self Sufficient, why are we after increasing the authorized shares to such high number.
To use conversion as a debt payment vehicle, it will fill the pockets of YA since they pay us pennies for every shares converted.
If the R. S. goes ahead, they sell the converted shares for a dollar, or so, to pay pennies of debt.
Did not YA Guarantee us the debt secured until August 2014?

Why conversion of shares? We have no need for such a large number of Authorized shares.

2-)Why does not Neomedia do a share offering instead.
If the R. S. goes ahead, Neomedia could just sell 40 mil shares, or so, and retires the debt.


Why are they making Neomedia YA's cash machine?

I sent Laura 2 emails, but no answer.

I wish I could go there, and pin her, and the board, to the wall.
They can easily get rid of the debt.

Who cares about the prepayment fee!?!?!

It will cost us more in interest payments for the year to come.

Thank you.

Junior

One here too SOG.
Non the less, it would be good to have a head count.
It would one to gage the affect on the stock in case of some major news or any other kind
of major event.

Junior

Balltilian,
A greater question would be, how many people are holding these shares?
How many shareholders does NEOM have?

Any idea how we could find this number?

Junior

Does anyone here have an accurate estimate of the number of Neomedia shareholders?
How many share holders does this company have exactly?

TIA

Junior

Oops.
Scottrade didn't add a decimal point before the last two zeroes.
My bad I guess.

Junior

What is going on with these market makes today?
They just keep loading the bid and ask.

Never seen this before.

Junior

Do I see 1.6 billion on the bid?
Who owns 50% of the company?????

Junior

Thank you for your opinion.
We will have to wait and see to be sure.
I guess only in time will we be able to know for sure.
It is, however, good to be aware of the possibilities.
Best of luck to us all I guess.

Junior.

Thank you for your detailed reply.
One question remains in the air however, being that YA forgave 1.4 billon of the warrants, of 1.9 billion they held, would not that leave them with only 500 million shares left to convert?
If I recall correctly, we were at an outstanding share amound of around 2, 750,000,000 outstanding shares when this anouncement made its appearance.
If the is correct, they can only dilute to 3,250,000,000.
Would this be a correct logic number or estimation?
Am I seeing the wrong picture?

TIA.

Junior.

Be confident,
I read in one of the posts here that there was only just over 400 shareholders in NEOM holding just under 3 billion shares.
Provided the information is correct, would not this have the sane affect as a reverse split;;; Not enough shares to go around.
Imagine that a 1 or 2 million interested parties want to all of the sudden own some shares.
Would not this creat a similar demand for shares as a r/s?

Well, at least for a bit!!!


Junior

Rockkitdog,
It's too bad this system is not being properly promoted to the public.
I can see a great multitude of shoppers following this system.
As you say, it is super convenient and leads to great savings.
Price comparison has huge potential, but consumers need to be made aware of it.
I use it as well, and I always find good savings.
Power to amazon!

Junior

It surprises me that these companies, and agencies, , including Neomedia, that are constantly promoting QR Codes and their use, haven't approached American Idol, or some other show which interacts live with audiences throughout the world to use QR Codes as a form of interaction with their audiences.

This would firm up the usage of QR Codes, and it would formally introduce the technology to the world in a single shot.

Think about this, anyone and everyone that is currently involved with, and using, the technology would benefit.

It makes a lot of sense to unite forces and push for something like this.

Neomedia could offer the technology for free for one season in exchange for some Advertizing.

What do you posters think?

Should we email this idea to Laura so she can call a meeting with the other players of the QR Code industry and tackle American Idol, or something similar?

Junior