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some rumors turn out to be true and it is certainly possible that what some believe, based upon the facts available to them, also will one day be known as a fact to the rest....:)
I believe we are getting revenue....just consider the fact that we have not gotten the third trauche of financing....and yet it seems they have money!
how about over $.03?????????? Lets aim for a little more lofty of a goal. :)
The big boys think our IP is pretty useful! :)
That would be fantastic! McDonalds is huge and I believe this is just the beginning of mobile couponing! :) There are thousands of companies who will want to do this!
Remember there are more cell phones than there are computers and tv's combined and I suspect this number will grow as more and more capable handsets hit the market!
I like to see carriers working together---perhaps US Carriers will do the same with respect to standards for 2d barcoding!
Telefonica Spain and Nokia Spain Sign an Agreement to Introduce Nokia Messaging4-9-09 8:24 AM EDT | E-mail Article | Print ArticleMADRID, April 9 /PRNewswire-FirstCall/ -- Nokia Spain (NYSE: NOK) and Telefonica Spain have signed an agreement to introduce the Nokia Messaging push email service in Spain. Telefonica Spain will be among the first operators to bring this solution to market, continuing its investment in the development of mobile internet in Spain.
http://news.morningstar.com/newsnet/ViewNews.aspx?article=/PR/20090409UKTH007_univ.xml
Has the board noted this company yet? Looks impressive!
http://www.mbarc.nl/index.html
http://pointandfind.nokia.com/?home
This may have already but posted but just in case it has not!
I was able to check this tech out at Ctia and it was very cool!
And as far as we are concerned it obviously utilizes an indirect method.
Sure looks like buying pressure to me! lol what do you think?
Thanks for the clarification! 6 mill is very respectable...what's your average?
This is a great find Street! It demonstates what I was trying to relay from my time at the show....there is a conserted effort to bring this tech to the marketplace and that is great news for us.
This document makes it clear that it is not just talk but action and quick action at that! smiling :)
The fact that Neustar works with 750 carriers across the globe is impressive to me! Along with the fact that the US carriers seems to have a new found motivation to get this product to market.
Furthermore, the number of applictations for this tech is huge!
I have seen this tech on Nokia phones and it works like a charm....which is wonderful since they have about a billion phones in the marketplace. :)
And are doing campaigns with us already!
Claw, just to clarify---ceo sb did not explicity say that is why they are now embracing the open standard, but the is definately the consensus among those in attendance. I alsmost stood up and called him on it but did not think it would be helpful.
the answer is gave for now embracing the open standard seems to be a manufactured one....private message me you contact info and I will get you the audio.
N E O M aka Kevin
NBI,
No, it was not the un-conference. It was another scheduled panel discussion.
Also, one of the key players involve, cannot and will not say who was very enthusiastic and said expect good things to come. So for what this is worth...:)
Lots and lots of people are intrigued with 2d barcode scanning at the conference.
Also, the NOKIA stuff (point and find) very very cool and has to be using NEOMEDIA's IP.
If Nokia emraces this and embeds our reader or a reader that is being we are liscensing we are golden! :)
Don't have a lot of time to post, but here is a little info....
Bottom line is i bought more share on Thursday! That should communicate a lot to all here. And I am not worried about what I would believe is irrational pps drop on Friday. Do I wish I would have waited until Friday--sure. But in the grand scheme I do not think I will care.
The panel discussion was interesting. CEO sb was truly humbled. you could read it easily in his actions and his words. At one point he said if I am here next year on this panel I hope I am dead....not sure exactly what to make of that comment but I think it is indicative of his mood at the time. Not good. They embraced the open standard, dropping exclusitivity to their propriatary code because of the news regarding Neomedia's patents!
Also, I firmly beleive that the campaign that are running are not trials, but actual revenue producing campaigns! That is big in my estimation.
Also, the fact that Neustar works with some 750 carriers across the globe and are considered a TRUSTED source by the carriers is a big plus!
Carriers realize finally that they need to get it together and they are very motivated, at least the ones I observed att, sprint, and verizon to have this space launched and monitized.
I spoke with someone from sb and they acknowledged that the indirect method is really the only way to monitize this space! Great admission.
lots and lots of awesome applications and with the launch of apple apps---apps are now cool and not to be feared! great news for us. Those on the panel thought we would see readers embedded on handsets this year.
will share more later..//
over and out
N E O M aka Kevin :)
can't post a lot (only a few minutes)
But here are a few bullet points:
1. lots of interest in the space
2. Neomedia is being taken seriously
3. Neustar is the real deal
4. IM really captured people's attention.
5. exciting news out today.
Will post more later.
:)
Still need a pass to actual CTIA...so if you have any connections let me know before I have to break down and spend some serious cash :)
Any success TVDirector?
NEOM
email me if you hear something.
No problem BC....right now I am still working on a pass CTIA. If you or anyone else has any connections, let me know! :)
email me kevinscottball@gmail.com (it forwards to my blackberry)
Thanks...
Kevin aka NEOM
IN VEGAS, LOOKING TO GET INTO CTIA! IF ANYONE WANTS TO CHAT OR IM I AM AVAILABLE THROUGH GOOGLE CHAT VIA MY BLACKBERRY, I THINK IT IS COMPATABLE WITH OTHER IM. MY EMAIL/ID IS:>
KEVINSCOTTBALL@GMAIL.COM
HOPING FOR AN AWESOME WEEK!
some info on neustar
NEUSTAR, INC. CL A(NYSE: NSR)
Last Trade: 16.83
Avg Vol (3m): 885,531
Market Cap: 1.25B
P/E (ttm): 295.26
EPS (ttm): 0.06
Revenue 488.85 million
someone do a search for neustar on ihub please
I think they will be kicking themselves by the end of the day.
And it looks like good volume for Frankfurt. (7 times that ave 3M volume.)
It looks like it finished the day very strong.
A strong day...and that without news! ... yet--a good indication.
Given the upcoming events and the potential for news ahead of CTIA I would suspect we will have a strong close today. Which is rough in some ways because I am am trying to free up some cash to buy a few more shares. :) :(
Add another 2.34 million shares @$.0251 to the mix! Just posted.
Then buy some shares! :)
Just talking with a fellow shareholder and was thinking that this stock could very well be trading at $.03 or $.05 or $.08 or whatever.....there does not seem to be a rational or technical reason for these levels. What does everyone else think?
Everyone it seems is using 2D codes! That is a very good sign :)
Did everyone catch this in the article highlighting Laura Marriott appointment to NeoMedia’s board.
Earlier this year..."Marriott was named one of the industry’s Top 10 Women in Wireless by Fierce-Markets."
http://www.reuters.com/article/pressRelease/idUS78260+07-Jan-2009+BW20090107
Yes, I was talking about investors---who is going to CTIA?
Here is the 8-K
SEC Form 8-K released
Entry into a Material Definitive Agreement, Other Events, Financial Statement
3-Nov-2008
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=5952195
Item 1.01. Entry Into a Material Definitive Agreement
On July 29, 2008 (the "Closing Date"), NeoMedia Technologies, Inc., a Delaware corporation (the "Company") entered into a Securities Purchase Agreement (the "SPA") to issue and sell secured convertible debentures (the "Debentures") to YA Global Investments, L.P. (the "Investor") in the principal amount of up to Eight Million Six Hundred Fifty Thousand Dollars ($8,650,000) pursuant to the terms of the SPA, dated the Closing Date, by and between the Company and the Investor, of which the first Debenture in the amount of Two Million Three Hundred Twenty-Five Thousand Dollars ($2,325,000) was funded on the Closing Date, the second Debenture in the amount of Two Million Three Hundred Twenty-Five Thousand Dollars ($2,325,000) was to be funded on or after the date ninety (90) days after the Closing Date subject to certain conditions set forth in the SPA and the third Debenture in the amount of Four Million Dollars ($4,000,000) shall be funded on or after January 1, 2009 subject to certain conditions set forth in the SPA.
On October 28, 2008, the Company issued the second Debenture in the amount of Two Million Three Hundred Twenty-Five Thousand Dollars ($2,325,000) in accordance with the terms of the SPA. A copy of the second Debenture is attached hereto as Exhibit 10.1. The Debentures shall mature, unless extended by the holder in accordance with the terms of the Debentures, two years from the issue date, with the first Debenture maturing on July 29, 2010 ("Maturity Date"). The Debentures shall accrue interest at a rate equal to fourteen percent (14%) per annum and such interest shall be paid on the Maturity Date (or sooner as provided in the Debenture) in cash or, provided that certain Equity Conditions are satisfied (as such term is defined in the Debenture), in shares of the Company's common stock ("Common Stock") at the applicable Conversion Price. At any time after the Transaction Date, the Investor shall be entitled to convert any portion of the outstanding and unpaid principal and accrued interest thereon into fully paid and non-assessable shares of Common Stock at a price equal to the lesser of $0.02 and ninety-five percent (95%) of the lowest volume weighted average price of the Common Stock during the ten (10) trading days immediately preceding each conversion date.
The Company shall not affect any conversion, and the Investor shall not have the right to convert any portion of the Debenture to the extent that after giving effect to such conversion, the Investor (together with the Investor's affiliates) would beneficially own in excess of 4.99% of the number of shares of Common Stock outstanding immediately after giving effect to such conversion.
The Company shall have the right to redeem a portion or all amounts outstanding (subject to certain conditions in the Debenture) by paying the amount equal to the principal amount being redeemed plus a redemption premium equal to ten percent (10%) of the principal amount being redeemed, and accrued interest.
In connection with the second debenture, the Company placed the Two Hundred Thousand Dollars ($200,000) monitoring fee into escrow, directly from the proceeds of the second closing on the Closing Date (collectively, the "Monitoring Fee" and as deposited into escrow, the "Escrow Funds") which shall be used to compensate Yorkville Advisors LLC ("Investment Manager") for monitoring and managing the purchase and investment made by the Investor, pursuant to the Investment Manager's existing advisory obligations to the Investor. The Company, Investment Manager, and the Investor entered into an Escrow Agreement, dated the Transaction Date (the "Escrow Agreement") appointing David Gonzalez, Esq. as escrow agent (the "Escrow Agent") to hold the Escrow Funds and to periodically disburse portions of such Escrow Funds to the Investment Manager from escrow in accordance with the terms of the Escrow Agreement. The parties agreed to update Monitoring Fee Schedule in the Escrow Agreement (Exhibit A thereto) upon the issuance of the second Debenture, a copy of which is attached hereto as Exhibit 10.12.
The Company and paid a nonrefundable structuring and due diligence fee to the Investment Manager equal to Twenty Thousand Dollars ($20,000) directly from the proceeds of the second closing on the Closing Date and $4,500 for the reimbursement of fees for a patent security filing to perfect the security interest created in that certain Patent Security Agreement discussed below. Additional structuring fees will be paid by the Company in conjunction with the issuance of the third Debenture.
- 2 -
--------------------------------------------------------------------------------
In connection with the SPA, the Company also issued on the Closing Date; (a) a warrant for the Investor to purchase 100,000,000 shares of Common Stock at an exercise price of $0.02 per share, which such warrant expires on July 29, 2015,(b) a warrant for the Investor to purchase 100,000,000 shares of Common Stock at an exercise price of $0.04 per share, which such warrant expires on July 29, 2015, (c) a warrant for the Investor to purchase 125,000,000 shares of Common Stock at an exercise price of $0.05 per share, which such warrant expires on July 29, 2015 and (d) a warrant for the Investor to purchase 125,000,000 shares of Common Stock at an exercise price of $0.075 per share, which such warrant expires on July 29, 2015 (collectively, the "Warrants") . In accordance with the terms of the Warrants, in no event shall the holder be entitled t exercise the Warrants for a number of shares in excess of that number of shares which, upon giving effect to such exercise, would cause the aggregate number of shares of Common Stock beneficially owned by the holder and its affiliates to exceed 4.99% of the outstanding shares of Common Stock following such exercise, except within sixty (60) days of July 29, 2015. If at the time of exercise the shares underlying the Warrants are not subject to an effective registration statement the holder may make a cashless exercise of the warrant in accordance with the formula and terms set forth in the Warrants.
The Debentures are secured by (a) certain Pledged Property, as such term is defined in that certain Security Agreement, of even date with the SPA, by and among the Company, each of the Company's subsidiaries made a party thereto and the Investor and (b) certain Patent Collateral, as such term is defined in that certain Patent Security Agreement, of even date with the SPA, by and among the Company, each of the Company's subsidiaries made a party thereto and the Investor.
In connection with the SPA, on the Closing Date, the Company also entered into those certain Irrevocable Transfer Agent Instructions with the Investor, David Gonzalez, Esq. as escrow agent and WorldWide Stock Transfer, LLC, the Company's transfer agent.
ITEM 8.01. OTHER EVENTS
On October 30, 2008, the Company announced that it has cancelled its planned Special Meeting of Shareholders which had been scheduled for December 10, 2008 and that it has scheduled a quarterly shareholder update conference call for November 19, 2008, details of which will be announced in the near future. A copy of the Press Release is attached hereto as Exhibit 99.1.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(a) Not applicable.
(b) Not applicable.
(c) Not applicable.
(d) Exhibit No. Description:
EXHIBIT DESCRIPTION LOCATION
Exhibit 10.1 Securities Purchase Agreement, Incorporated by reference to
dated July 29, 2008, by and Exhibit 10.1 in the Company's
between the Company and YA Current Report on Form 8-K as
Global Investments, L.P. filed with the Sec on August 4, 2008
Exhibit 10.2 First Secured Convertible Incorporated by reference to
Debenture, dated July 29, 2008, Exhibit 10.2 in the Company's
issued by the Company to YA Current Report on Form 8-K as
Global Investments, L.P. filed with the Sec on August 4, 2008
- 3 -
--------------------------------------------------------------------------------
EXHIBIT DESCRIPTION LOCATION
Exhibit 10.3 Second Secured Convertible Provided herewith
Debenture, dated October 28,
2008, issued by the Company to
YA Global Investments, L.P.
Exhibit 10.4 Security Agreement, dated July Incorporated by reference to
29, 2008, by and among the Exhibit 10.3 in the Company's
Company, each of the Company's Current Report on Form 8-K as
subsidiaries made a party filed with the Sec on August 4,
thereto and YA Global
2008
Investments, L.P.
Exhibit 10.5 Patent Security Agreement, dated Incorporated by reference to
July 29, 2008, by and among the Exhibit 10.4 in the Company's
Company, each of the Company's Current Report on Form 8-K as
subsidiaries made a party filed with the Sec on August 4,
thereto and YA Global 2008
Investments, L.P.
Exhibit 10.6 Warrant 9-1A, dated July 29, Incorporated by reference to
2008, issued by the Company to Exhibit 10.5 in the Company's
YA Global Investments, L.P. Current Report on Form 8-K as
filed with the Sec on August 4,
2008
Exhibit 10.7 Warrant 9-1B, dated July 29, Incorporated by reference to
2008, issued by the Company to Exhibit 10.6 in the Company's
YA Global Investments, L.P. Current Report on Form 8-K as
filed with the Sec on August 4, 2008
Exhibit 10.8 Warrant 9-1C, dated July 29, Incorporated by reference to
2008, issued by the Company to Exhibit 10.7 in the Company's
YA Global Investments, L.P. Current Report on Form 8-K as
filed with the Sec on August 4, 2008
Exhibit 10.9 Warrant 9-1D, dated July 29, Incorporated by reference to
2008, issued by the Company to Exhibit 10.8 in the Company's
YA Global Investments, L.P. Current Report on Form 8-K as
filed with the Sec on August 4, 2008
Exhibit 10.10 Escrow Agreement, dated July 29, Incorporated by reference to
2008, by and among the Company, Exhibit 10.9 in the Company's
YA Global Investments, L.P., Current Report on Form 8-K as
Yorkville Advisors, LLC and filed with the Sec on August 4,
David Gonzalez, Esq. 2008
Exhibit 10.11 Irrevocable Transfer Agent Incorporated by reference to
Instructions, dated July 29, Exhibit 10.10 in the Company's
2008, by and among the Company, Current Report on Form 8-K as
the Investor, David Gonzalez, filed with the Sec on August 4,
Esq. and WorldWide Stock 2008
Transfer, LLC
Exhibit 10.12 Revised Exhibit A to Escrow Provided herewith
Agreement, dated October 28,
2008
Exhibit 99.1 Press Release issued by NeoMedia Provided herewith
Technologies, Inc. on October
30, 2008
Also, just a reminder about the 2nd and 3rd Tranche
$2.3Mil. Milestones - 2nd tranche released 11/03/08:
http://www.sec.gov/Archives/edgar/data/1022701/000114420408043681/v121767_ex10-1.htm
In order to receive the 2nd tranche $2,325,000.00:
(1) The Company shall have completed upgrades to its NeoReader mobile phone technology to enable compatibility with multiple mobile platforms (including Java, Windows Mobile and Symbian) in compliance with Original Equipment Manufacturer standards, and with multiple barcode symbologies (including Data Matrix, Astec, QR Code and various 1D symbologies) in each case in compliance with Association for Automatic Identification and Mobility (AIM), and/or industry standards;
(2) The Company shall have completed the development of the Neosphere base product and Application Programming Interface specifications for third party tool integration.
(3) The Company shall have begun a marketing program aimed to publicize the Company and its products and services in the marketplace and provided the Buyer with a report documenting its strategy and business model relating to its intellectual property licensing.
(4) The Company shall have appointed one additional member to its Board of Directors to the reasonable satisfaction of the Buyer.
(vi) The Company shall have provided the Deposit Account Agreements as set forth in the Security Documents and shall have granted, and caused Gavitec AG to grant, to the Buyer a perfected security interest in all of its assets and all of the assets of Gavitec AG (including intellectual property), to the extent legally possible.
In order to receive the 3rd tranche, $4,000,000.00:
(vii) The Company shall have certified, in a certificate executed by two officers of the Company and dated as of the Second Closing Date, that all conditions to the Second Closing have been satisfied.
(c) The obligation of the Buyer(s) hereunder to accept the Convertible Debentures at the Third Closing is subject to the satisfaction, at or before the Third Closing Date, of each of the following conditions, provided that these conditions are for the Buyer’s sole benefit and may be waived by the Buyer at any time in its sole discretion:
(v) The Company shall have satisfied all the conditions to the First and Second Closing.
(vi) The Company shall have satisfied each of the following conditions:
(1) The Company shall have initiated a reverse stock split to the reasonable satisfaction of the Buyer.
(2) The Company shall have successfully completed a product trial relating to its NeoReader product with a Tier I Telecommunications Company.
(3) The Company shall have completed the design, development, and manufacture of next generation scanning hardware and created two new next generation scanners, in each case to the reasonable satisfaction of the Buyer.
(4) The Company shall provide a revised Budget in accordance with Section 4(d).
(5) The Company shall have appointed a second additional member to its Board of Directors to the reasonable satisfaction of the Buyer.
Lets discuss the debenture price and conversion rights of YA.
Here is the 8-K post #150135
Who else is going to CTIA?
I agree claw! But even at a mere $100 million, which i am convinced many think is much too small, this stock price should be over $.076 (5 X our current level)! Minus debt of course.
I also suspect many will want to get in before the days is out.
Nice--do they have something material to tell us?????? :)
Lets push this baby over a $.01 TODAY. I think it would be a wise move for all of us longs if we could make that happen!
Its not only nascent, its new too! LOL
Okay, all my dry powder is gone. Added some more shares at $.008!
Who else has some dry powder left to push this baby over $.01 and out of subpenny---hopefully and likely forever!