NeoMedia Technologies, Inc (NEOM)

[ib12u]

'jacksira'? thanks! your response was well received! however, the SEC has evidentially done a pathetically piss poor job at protecting investors!

Sure! they'll Pump-out their oaths in print, just to SAY they've said it!

But in actual practice, they're all to the contrary!

An Investor's job isn't to determine whether or not a company is scamming them, (yet alone legally trading at all), but whether if said company(ies) is/are worth their investments at all!


While the SEC. is "Supposed" to be the market police (figuratively speaking), that validates the credentials of said companies, (Screening Business from Bullshit), before giving them the stamp of approval to enter the marker for trading.

If the SEC was truly doing the JOB they were hired for, then, countless investors wouldn't be caught holding bags of lies!


It's bad enough that investing in the pinksheets has the reputation as being high risk!


But it further adds to their detriment if most of them are frauds!

Yet alone a legally protected fraud/scammer under the language of the "Safe Harbor (scapegoat)-Act"

So the SEC is just a name that DO NOT hold true to their reason for their existence!

The millions of pinksheet companies (for example), that were cleared by the SEC to enter the stock market and do harm, yet alone have all but amount to anything worth investing in, is a testament to the failures of the SEC.

So screw the SEC! they're useless!