NeoMedia Technologies, Inc (NEOM)

[Tomrob508]

Great post JOED. I agree that the recent decline in the PPS was precipitated and aggravated in April with the 5 billion share annoucement and Chas Fritz planned sale of 6 million shares. I e mailed the company and the PR guy to express my dismay at the timing and posted their responses on this Board. Management seems boneheaded about this kind of thing, and IMHO is making a big mistake in not better managing the expectations/hopes of the growing individual investor base--which had gone from a few thousand to close to 15 thousand. Now much of this shareholder base growth occurred when the PPS was much higher, so now we have alot of built in resistance if this starts to go back up--people will bail at their purchase price. For me, I bought more after the June SHM, and plan to sit tight. GOing to take time, and IF NEOM can gnenerate enough cash/partner, I think this will be a very big winner. Of course, JMHO. Trob