NeoMedia Technologies, Inc (NEOM)

[RationalObserver]

As critical as I've been of Mobot's technology, the serious problems with the Mobot acquisition has to do with its likelihood of success with consumers, not with its financials.

Look, Mobot is a company pushing a technology that has yet to be adopted. It is hardly to be expected that it's going to have good financials, and no serious criticism of it that it doesn't yet.

As far as any value attached to its IP, well, no one can really know the scope of patents until they are awarded. I expect that the value quoted is just a nominal figure, and not expected to mean much of anything.

And, though, again, I personally doubt very much that it's technology is going to prove very useful for most people, it DOES serve a useful purpose for a company like Neomedia -- namely, the same purpose the like technology does for Microsoft: it seems cool and leading edge. That's why Microsoft played up the technology so much, and why other companies do the same. From the standpoint of PR, it DOES serve a very real and important purpose.