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I hope you are right and my write off becomes a smaller one... at some point reality must be faced!
Sounds like YA giving up on the infrastructure and cost of US operation and shutting it down soon. The smaller group will most likely run from Europe at a way smaller overhead. Hopefully some revenue can be generated from that point. I say they should not pay Chip Hoffman any future monies as he has the largest stock drop % of any CEO to date.... let him take the company to court.... nothing to get. Frank P. needs to be next... cost is very high.
it's almost like Chip and Frank and George and YA are trying to take us down now. No information, no conference call, just silence.
I just hope that as we run out of money, there is no way to pay those lofty contracts they all have.
Would you give up if someone was paying you $400 K / year?
everybody gets paid except us stockholders. What's wrong with this picture... to get paid we may have to take action on YA and NEOM... I wonder if there have been others that have taken action on YA / Cornell that would love a good case to join in?
... and revenue.... and profit
I am so glad our diligent Board of Directors thought that Chip achieved all his goals and gave him his bonus.... what a shame
Watch for a Gavitec sale... that's all they have to sell now.
Why all the nice treatment of Chip? He has been ther awhile now with NO progress shown. No Revenue, No deals, High spending on a few people... this is very bad. He also must have spent a bundle to move to Atlanta when they should have cut down the size until a revenue deal was completed. Our money was totally mishandled... even in the last year!
It is just sad that this is all that Chip has to announce after being in place this long. When is his first year anniversary?
News- News-Did someone say news- I thought everyone was sleeping in Atlanta-- can someone go wake them up- or are they out spending those high pay checks
watch the i-phone
Cornell is selling everyday... it has to as it keeps its' stake less than 5%. Why does it have to sell everyday- because Neo needs money to operate and they keep supporting that. Thus the answer for when will the stock go up- when they don't need to sell everyday, when Neo can support itself, when Neo gets revenue, when Neo stops spending money on high paid guys that won't generate sales(i.e. F.P.), all this is kind of simple. Through the Conf Call we must put any pressure we can to keep the spending down and get the revenue up so they can stop the cash burn and CC can hang onto the shares and let this puppy go high. It still can happen, but restraint on spending is a must as well as revenue generating deals. Go Chip and team! 2008 can be great!
for them it is play money... they really care little about PPS, only volume
It is going back to where it was.... how sweet would that be.
At this price I believe the risk is worth it. We have the patents and the technology and the market is growing at an expotential rate, no doubts. The core team is in place. I have to say - One last buy and let it ride up!
It simply doesn't matter.... NeoMedia owns the trademark.... they are moving on.... what is your issue
The executive compensation is very high for those added... a big problem
the last Gavetec numbers showed quarter over quarter sales decline. Now we have high paid chiefs with only a few Indians and nobody is getting the revenue in.
and CH will make a fortune on the deal... we get the shaft. I need to figure his take if someone buys this at 0.06
lta- How can you make a statement that says "it is apparent that they will be very successful under CH". What indicators lead you to believe this?
I wish more of you would feel that way and the stock price and volume would reflect it. We need some more buying... think of it as a Christmas present with much potential.
"I am ready for something else: a mangement team that under-promises and over-performs".
Well, you are half way there, they sure didn't promise ANYTHING! I have tried to stay positive and if they are going a new direction.... announce a deal that helps us understand that we will seem some value in this direction. Chip has had time. He has only made cuts, or was that George? He needs to make a reveune generating deal!
The lack of trading and the price of our shares reflect the successs of this call. Every conference call had a better response. Again, I want to believe and hold in there.
I want to hear about revenue. not more high paid people. I want to hear growth. I want to hear profitability. I want to hear partnerships with majot carriers. To much fluff. I want positives. I want to believe. Give me something to hank my hat on.
this was dismal and did not provide much hope..
Nice closing comments.... sad stuff
Dancing on the drop in quarterly sales revenue.... why didn't Chip answer that one?
They see this as a money machine... not caring about price... just share volume to sell.
Conference call
The way I see it-
Cornell/YA has some room to breathe as the sub sale gives cash flow without share print for a bit and may let this think get some legs for a while and reduce there need to unload at the same rate... still there are plenty of others that had there hand out that will want to unload as the price tries to escalate... thus we stay for the most part in the 0.0125- 0.175 range for another $600,000 in trading. Unless very significant news comes out.
Could you please update your data about sales of shares at the differant price blocks... it has been the best predictor of the stock so far... thank you...
You all are being so nice... I don't get it.... company doing the right stuff and price going down.... were we better in the last fluff regime?
it is an issue when we sell a sub and our Market Cap goes down for more than we get for the sub.... why?
I thought this stock went below .04 because people thought the company was going under.... now that they have some cash and the Gavetic deals seem to be coming.... you think we would at least go back to the .04+ level.... it will be a long time before I get back this investment ...if ever
I read it as $2,000,000 less $300,000 ... if the payment is made on the 14th
I'm surprised the market isn't more excited about the sub sale and more cash to stay operating.... you think this would have been good for a nice uptick
Keeping USA op... probably didn't get what they wanted from New Zealand guy and beleive there is still more value in USA operation... hopefully more to come later
It seems that even when there is good news the stock stays down.... and just hanging around and hoping is the only option
US Patent and Trademark says NeoMedia owns it and it is registered. Sounds like you are ventictive... former guy they cut?
http://tess2.uspto.gov/bin/gate.exe?f=doc&state=fbahpt.2.1