NeoMedia Technologies, Inc (NEOM)

[Tonguehair]

JP, gotta love it. You send out a letter filled with a combination of naivete, grovelling and child-like sincerity (said Cindy-loo-hoo, "oh, please Mr. Santa Clause, do tell, where are you taking our Christmas Tree...").

It's really kind of funny:
JP: "Please stop the dilution. And let us know why the dilution has to be, well, so excessive. I mean you've increased the shares from 100mil to 1bil!!"

Response (2 weeks later in the midst of CTIA): "Oh yeah, well here's another 4bil for your whining!"

They need 5 billion shares for the reasons stated in the filing (the tangential theories expressed on this board are just so much wishful gas):

1. They are contractually obligated to Cornell. They will be in default if they don't quickly turn on the press and register shares.
2. They need to fulfill their obligations to the recent acquisition targets.
3. They want to purchase more companies and need shares to do it.