NeoMedia Technologies, Inc (NEOM)

[Tonguehair]

Cabbie, who can really say. I used to be gung-ho. My issue has always been the implications of having Cornell in this deal. Those shares are nothing but a loss to shareholders. As to needing more shares to buy more stuff, well, if they buy good stuff then it could be ok, right?

I've turned luke-warm/coolish in the wake of so much press around this up and coming marketing space, with nary a mention of the very company that I was sure would be the gate keeper. Largely (if not completely) ignored, NEOM's hope (I suppose) is in its patent portfolio. All I do know is that there has never been a ruling on the patent issue, that a lot of other well-known companies are getting press in what's supposed to be NEOM's space and that, with a massive overhang of shares, it becomes increasing unrealistic to value the shares at the astronomical figures we might have assumed would accompany some substantive confirmation of NEOM's place in the mobile market. I could rationalize an increase to a couple of $$/sh with 600mil outstanding. But billions? (this is where some will be tempted to say that this is a poison pill of sorts to prevent takeover, blah blah blah. That's just wishful thinking, imo).

Alas, I'd be surprised at this point to find that any serious company (msft, goog, etc) has ever cast anything but a very small disinterested glance in NEOM's direction.

But I'd like to be wrong. My experience with this company so far doesn't bear that out though.