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Well, you could probably attribute that to NEOMedia going out of business two years ago. Yet, may it somehow utilize this ticker symbol to rise like a phoenix! I wouldn’t bet my wings on it .
My father got a patent for the same drug, different use, and it got a whole new patent years.
Why would in the know market makers buy millions of shares?
My etrade shares are still alive at etrade- able to trade-not dissolved. So why is that?
Honestly, Neomedia lost hundreds of thousands for investors because:
1. Other businesses all ignored their obligation to pay for Indirect connection to barcodes
2. This may have all come down to the insistent negative harping about the validity of indirect method by one troll who has published his negating opinion on this board some thirty thousand times.
My 6S iphone neoreader works great- gives options like Amazon, to buy products directly on reading barcode.
Unless YA Global owns the Neom sticker shell also, and just backs "NM" into it to go public with same company, no debt!
"Qodescan" by "NM"
I believe Les' alternative facts.
I'm still kickin buddy, retired for last year, rising again now from the ashes and just checkin in on Board as I felt action coming! and my NEOM I see is doubled now in value from the pittance that has been parked in etrade!
Cmon pop- Personz bought shares in hope of growth that floats all boats. Nothing like the evil buy and sell at same time, just like YA approach. The debt needle is not moved either by that kind of charitable minded "help."
Praying?? I'm pretty sure NeoMedia is the last thing God has to focus on.
Third possibility- some people mistake the ending dates of patents involved.
By the way- D is off NEOM
Maybe they are holding news until etrade and other big brokerages convert shares, or they could face lawsuits, for unleashing awesome pps spiking news when many people can't yet trade.
NeoMedia the company has no loftier goal than to dilute???????
You mean YA. But misspoke.
YA can't make anything until there is volume of hundred million shares. Simple math shows next to nothing has been made by anyone this week. YA needs to convert 40 million dollars. That will take years of higher pps to achieve. Or an alternative growth spurt in neom revenues from a surprise direction.
Yeah, somebody is making tens or more than a hundred dollars on these trades!
Huh???
Jack- we are up 300 percent post split. But hey , does basic math even matter.
NEOM and Apple will both trade under new Stock Splits tomorrow. Coincidence?? I think not.
Why can't I follow IHUB board also on my iPhone and iPad??
Please explain what POS stands for. It is obscene and all posts including it should be deleted.
I think tomorrow might be the day the new trading starts. It makes sense that it takes a week for all the Brokerages to get up to speed with an R/S, after the time they are notified of a change. . They have to recalibrate NEOM shares in advance, as they are now responsible to give accurate tax trade numbers to the IRS, and to commence trading under new numbers.
I think I recall it was exactly one week from announcement last time. And the fact that no trades happened friday.
I don't think their could be much downward pressure, with Market Cap below 3 million dollars on a company with revenues over 5 million/year. Good luck everyone still invested!
Thank goodness for Pop, jack, Decarz and wilma. All equally good takes on this complex situation NeoMedia is in.
Cease and desist Scambuy. NeoMedia is about to take over.
Core patents reach way beyond next year. That is what NeoMedia says.
Let's take this one all the way to court and clear up some of these patent issues- directly and indirectly.
There was no aquirer in this merger. Fair price is irrelevant. Shares will trade tomorrow at 1/15 split.
Tomorrow.
Fellow investors,
Ok , the slate is cleaned, the merger has created a new lean company , self sufficient on a cash basis for several Qtrs, shares outstanding reduced to three hundred million, for now, future unknown .
Let's. Root for our shares to go up. Isn't that what we are all here for.
Well, NeoMedia didn't owe that amount to anyone- it was a smoke and mirrors number anyway. The only debt they actually have is 35 plus million to YA.
NEOM is in good shape going forward here. My bet is on NEOM share price moving slowly up with news.
YA does care about share price. If it goes up, they bought at the lower price, they make more. Their margin rate of return yields them bupkis.
One surprise move after another- None of them pointing to the much exaggerated demise of NEOM predicted by the pessimists.
In either case, YA was party to the 1/15 split that does not work under the new OTCC:BB rule change, so they must be OK with it, No?
Also, they probably can't legally put NEOM in default for a new rule made by OTC:BB after the time of the contract was made.
No default. It states that these companies will continue trade on the OTC pink sheets
They don't owe anybody 270 million. They owe YA 40 million. Period.
Totally wrong numbers.
The company closed 9 new IP licensing deals this QTR, for a total of 50 companies licensing their patents.
The "current" terms allow for 7.5 billion shares OS.
Why only do a 1/15 R/S???????
They last tried to get a 1/2500 R/S, then reduced it to 1/1500. That was a thousand leagues different then this little 1/15, which will apparently leave them less than a penny. How much could 5 competing sharemeisters dilute down before getting nothing?
No, this was only done if NeoMedia has some News and revenues to shoot up the share price, and show company stability, even in the face of 40 million debt total to YA.
We will see soon.
That is a major question. Only makes sense , or cents , if the share price is destined by coming news to go up from here.