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PlayIn The Green: Agreed. If you switch one word in the second sentence the rest of the letter makes sense. Changing, "As you requested, I have researched any restrictions on NEOM, and it is not on the DTC Chill list and can be freely traded." to "As you requested, I have researched any restrictions on NEOM, and it is on the DTC Chill list and can not be freely traded." Photoshop editing by lesn?
Be Confident: I'll tell you why no one IMHO should care about these spam articles. You claim these articles relate to, "Neom's/YA's/NM's industry." Which they don't - both made/make there money as patent trolls. NEOM is out of business. YA/NM, LLC is a private company. A hoped for RM between the two can not happen for previously stated financial and legal reasons. So I say, "So what?" Do you care? I don't.
Be Confident: Yes, that is correct.
Be Confident: You write that you have, "no concern whether you or anyone else believes.". Yet you end each spam news with, "Do you believe?" Why ask if you don't want or care? Regardless, this article, as is the case with other articles you spam this board with have nothing to do with NEOM.
Be Confident: No one believes this SPAM. This article has nothing to do with NEOM or the patents that were formerly owned by NEOM.
PlayInTheGreen: Yes, clearly September 2017.
lesnshawn: Actually, not old. If you visit the link Pop provided, you will see that the list was updated this month.
http://www.clearstream.com/luxcsd-en/products-and-services/market-coverage/americas/united-states-of-america/dtcc-deposit-chills-and-global-locks---u-s-a-/65790
The notice at the DTCC source that shows a Chill has been lifted is called a "Resumption of DTC Services". If no "Resumption of DTC Services" is posted for NEOM/Neomedia, than it did not happen. Any claims otherwise are misinformed. I went back into last year - nothing. This is the link:
http://www.dtcc.com/en/legal/important-notices?year=2017&subsidiary=DTC&category=Operations&pgs=1L
..and for those who do not understand DTC Chills vs DTC Global locks (or “freezes”.)
For good reason, many traders don't want to buy stocks that are chilled. Their problem is finding out what's chilled and what's not. DTC purposely does not offer a handy list. This is why Clearstream creates a "Master List".
For investors and traders, DTCC and DTC are mysterious entities, secretive and remote. They DO NOT welcome inquires about anything at all from what they call “non-participants.” They see themselves as business-to-business companies, and provide very little useful information to the general public.
DTC is NOT a believer in information-sharing. At the SEC's Roundtable on Microcap Securities in the fall of 2011, a DTC panelist said flatly that she didn't want to tell companies why they weren't DTC eligible, or had been chilled, because if they were able to fix it, they'd just find a new way to get around the rules. The SEC didn't fully agree with that policy, and eventually compelled them to create a way for issuers to appeal.
As a consequence of this reluctance to impart information, there's a good deal of confusion about what chills and global locks (or “freezes”) are, when they may be invoked, what they mean for a stock you may own, and when they may be lifted.
A chill is a restriction placed by DTC on one or more of its services. DTC will issue a notice on its website announcing the event, but will not explain further. It may limit a participant's ability to make a deposit or withdrawal of its stock at DTC. A chill can last for an extended period. Global locks are scarier: ALL DTC services will be suspended, except, in many cases, for custody.
When a chill or lock is imposed, DTC will not only issue a notice at its website, but will also inform participants. Those would include brokers, who are expected to restrict trading, or, in the case of a freeze, to block it altogether. Until around 2005 or 2006, brokerages, especially those that self-cleared, didn't always pay attention to DTC edicts quickly, but that has changed.
If a stock you own has been chilled, the chill may or may not make a significant difference to your ability to trade it, depending on what services have been restricted. A freeze is different. Once brokerages have become aware of a global lock, the stock will stop trading entirely. Accordingly, once a companies management has come to understand what a global lock means, it probably won't bother to keep up with its SEC filings. Sound familiar?
It's best always to keep an eye out for DTC. Chills are problematic, and global locks are deadly.
Be Confident: Show us the notice at the DTCC source that the Chill has been lifted. It's called a "Resumption of DTC Services". I went back into last year - nothing. This is the link:
http://www.dtcc.com/en/legal/important-notices?year=2017&subsidiary=DTC&category=Operations&pgs=1
If no "Resumption of DTC Services" is posted for NEOM/Neomedia, than it did not happen. Any claims otherwise are misinformation or lies.
wilma6311: No difference - people still have the facts wrong. NM, LLC is not a public company. YA did a bad "find and replace" job when they took over the website and replaced instances of Neomedia with NM, LLC. The unreporting shell can not be used for a reverse merge and no one exists at the company to clean it up. The Delta Drone deal never went through.
Be: These articles are SPAM. Nothing to do with NEOM which is out of business and no longer owns any patents. Besides, you do realize that the requirements of claim construction and analysis go way beyond quoting 4 words within a patent, right?
Be Confident: This filing DID NOT reassign the patent back to NEOM. In the case of the Jan 23, 2017 "Assignment" the Assignors, YA GLOBAL INVESTMENTS, LP filed a Conveyance that Released NEOM from their security agreement. That's it. YA/NM LLC owns the patent not NEOM.
All the assignments for this patent is here:
https://assignment.uspto.gov/patent/index.html#/patent/search/resultAbstract?id=8189466&type=patNum
Bigfootbud: That is the patent issue date. If the patent is a "child"/continuation of another patent than it's expiration is based on the priority date. In the case of this patent the priority date was tied to one of the patents that have expired. So when the "parent" patent expired two years ago, so did this continuation/"child" patent.
"For applications filed on or after June 8, 1995,[1] the patent term is 20 years from the filing date of the earliest U.S. or international (PCT) application to which priority is claimed (excluding provisional applications)."
https://en.wikipedia.org/wiki/Term_of_patent_in_the_United_States
Patent Term Calculator
https://www.uspto.gov/patent/laws-and-regulations/patent-term-calculator
IamBaphomet: Keep in mind the former patents of NEOM now owned by NM, LLC. DO NOT cover these applications or transactions. If you guys truly understood the patent portfolio you would understand that once the core patents expired, the value/revenue potential (lack of) of the rest of portfolio led to the shutdown of the public company with it's expensive CEO, etc to leave the resulting slimmed down NM, LLC operations to pick up any crumbs that remained. IMHO there isoNo opportunity here for NEOM shareholders.
Be Confident: NEOM makes no money, they shutdown last year. That we know. Re: "It is my personal view that they are now capturing vast amounts of revenue from the global transactions which have progressed geometrically in the past year." Unlikely, but even if that was the case for NM, LLC, that is a private company 0- nothing to do with MEOM or this stock ticker.
lesnshawn: NEOM went of business. That's what changed.
"In 2012, we had an average trade volume of 19 million. Last month, we had an average trade volume of 19 million." - Poptech on 09/08/17 03:16:49 PM (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=134483985)
lesnshawn: 2-3 yrs ago the game was different. YA (with MMs) were able to dump virtually unlimited shares into the market at a discount. YA made millions, the CEO made millions for fronting the "operation", troll patent litigation, and managing a skeleton operation -- shareholders lost millions. ...and some day traders made some money along the way trading the day.
What changed?
NEOM went out of business. With YA and CEO out of the picture the game was left to the MMs.
The DTC Chill was never lifted. It's called a "Resumption of DTC Services". I went back into last year myself - nothing. This is the link:
http://www.dtcc.com/en/legal/important-notices?year=2017&subsidiary=DTC&category=Operations&pgs=1
A DTC Chill does not mean the stock can not trade. If a stock you own has been chilled, the chill may or may not make a significant difference to your ability to trade it, depending on what services have been restricted. A freeze is different. Once brokerages have become aware of a global lock, the stock will stop trading entirely. Accordingly, once a companies management has come to understand what a global lock means, it probably won't bother to keep up with its SEC filings. Sound familiar?
IMHO. Activity really hasn't changed. Players are still playing.
Years and years ago a new company with some promising technology and patents raised money, blew through it all without achieving profitability. Rejected by market and traditional VC the Executives wanting their salaries were left with pretty much the only type of funding left to them -- death spiral funding. That's when the fun and games began.
Question lesnshawn. At what point during NEOM's history did you get sucked in?
DeafTrader2: IMHO. Activity between sellers and market makers. Market makers purchase stock from sellers, even if they do not have a buyer lined up. Market makers maintain a spread on the stock they cover. The difference between the ask and bid price isn't much, but by trading millions of shares a day, they managed to pocket a chunk of change. At current bid/ask levels everyone that does buy stock in NEOM instantly loses 50% of their investment. NEOM has no patents, assets, products/services, IP/patents, office space, customers, revenue, staff, or Management team. Market makers are mopping up loose change until the ticker is shutdown by the SEC.
rocket18: This is the only person on the Internet to use the phrase, "And eternally greets the marmot":
https://englishsubtitles.online/videos/des-anglers-bernsteinzimmer-suchen-gehen-teil-1-ich-und-das-smartphone-dot-dot-dot-165550
tundra1: Do you understand the concept of Microcap Fraud?
Red Flags may include:
SEC Trading Suspensions e.g., DTC Chill
Company is non-reporting
No official news from company in over 18 months
Spam e.g., links to articles that having nothing to do with a company
No Assets / Assets have been foreclosed on
No Revenue
No Office, Staff, Executive Team, or CEO
Insiders own large amounts of stock
tundra1: ...which translates to $12,000. WOW! Why that makes this company worth potentially a whopping $500,000 (based on 5 Billion shares). Do you want to explain to me the excitement in this?
Be Confident: I did not "conveniently" omit anything. This is all public record. IMHO I expected deeper awareness of facts from someone with a "strong opinion based upon extensive due diligence."
tundra1: Really? This is the world of pinks - buyer beware. A $15K bet doesn't change the fundamentals or facts.
Be Confident: NOTHING was left up in the air and to people's imaginations. ALL NEOM assets were foreclosed on and sold at auction. NM, LLC, a privately-owned LLC, is under no obligation to provide a status on the website or correct errors such as the public company mention. As far as news items disappearing from financial sites, you simply misunderstand how that all works. No one spent money and time to remove news, it's automated. NEOM is not a company anymore and eventually it's ticker will be shutdown.
Pop: I'm confused. Is Be Confident implying that NEOM's former patents covered drones? Drones relaying RFID for inventory control? Or, all aspects of any technology mentioned in articles?
Be Confident: Are you suggesting that any use of QR Codes were covered by NEOM's former patents - of which the key patents expired close 18 months ago? NEOM did not invent the QR Code®. DENSO, part of the Toyota Group, is the inventor of the QR Code®. They made their patent and technology available for the world to use. The History of the QR Code® is here: http://www.qrcode.com/en/history/
Bigfootbud: Why waste my time?
Bigfootbud: Extremely outdated content & references. Is this post a copy & paste job from 10 ago?
halbroke1: Or more likely, not. Why should a company with no revenue, products, services, customers, office, intellectual property, SEC filings, staff, or CEO have a BIG $$$$ WEE? Huh? Why?
Be: Volume? Is that what you call a person(s) who loses $1200. the moment the buy button was clicked?
tundra1: NEOM is the opposite of real. Fundamentals matter. I suggest the indicators that matter include revenue, products & services, customers, an office, intellectual property, SEC Filings, staff, and a CEO. At the very least a clean shell. None of which NEOM has.
Be Confident: Nothing to do with NEOM.
Be Confident: The Delta Drone deal never happened with NM, LLC. That being said, this news has nothing to do with NEOM.
Be Confident: ...and this news has nothing to do with NEOM.
Be Confident: This news has nothing to do with NEOM.
This news carries ZERO significance for NEOM. NEOM's key patents expired, then YA foreclosed on all NEOM's remaining assets. NEOM is now a stock ticker with NOTHING behind it. Not my opinion, a fact that has been proven numerous times including the June 1, 2016 8K posted at the top of this board. You should also note that DENSO, the inventor of the standard QR Code® has NOT released THEIR patented, secure QR Code technology - SQRC® for open use by the world like they did with the original QR Code®, SQRC® is ONLY available under DENSO license.
pop / big: After the key patents expired, the anticipated revenue from lawsuits was not sufficient to maintain a public company, pay 500K+ CEO salary, and return money to YA. It clearly became a business decision to scale back operations to the extent that operations were less costly than revenue - hence the foreclosure and NM, LLC. creation by YA. ...and as you mentioned Pop - even that did not work out so well for YA. Any talk by others that NM, LLC. may go public at some future date is economically absurd. My kid's lemonade stand has better fundamentals.
Be: NEOM no longer owns any patents. Key patents from NEOM's former portfolio have expired. The former NEOM's patents did not broadly cover everything and anything that incorporated, '"any" machine readable input.' This appears to be a case of denial that an investment is lost or a case of purposefully contributing to microcap fraud.
scania4: new moon = people acting crazy
pop: LOL. That make's sense then.
Be: "...benefits us..."? Really? How is that? NEOM has no assets, IP, property, products, services, App, customers,revenue, office, staff, sales/management team, or CEO. YA took everything and placed it in a private LLC. Please do tell us.