NeoMedia Technologies, Inc (NEOM)

[Poptech]

lesn: NeoMedia cannot be used in a reverse merger (RM):
1. Their corporate entity has expired and no longer exists.
2. NeoMedia is the defendent in a lawsuit.
3. NeoMedia still has non-YA debts (debts survive the expiration of the entity)
4. NeoMedia shares have been settled which means there is no longer any common stock.
5. The preferred shares still exist providing a massive dilution potential.
6. NeoMedia has not maintained their SEC filings.
7. NeoMedia does not have an existing management structure.

It would cost millions and a lot of time to, maybe, get NeoMedia ready for a reverse merger. Nobody is going to invest to get it ready when you can pick up a clean shell for as little as $60,000.

And on your number 1 answer: "There is a new corporation now that continues (and never stopped) NeoMedia operations and it is a PRIVATE, LIMITED LIABILITY corporation..." "2) There is a corporation." "Pretty straight forward. Simple. Easily understood."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=128280234