NeoMedia Technologies, Inc (NEOM)

[Poptech]

junior: NeoMedia didn’t stop reporting after going dark. They filed that they defaulted on the $40+ million debt. Legal records show: YA seized NEOM assets and auctioned them to NM, LLC; NM, LLC is a wholly owned subsidiary of YA; NM,LLC has asserted in lawsuits they own all NEOM assets; Marriott no longer works for NEOM; NEOM abandoned its C-Corp entity in Delaware; the CFO no longer works for NEOM; the entire board is either reporting that they no longer work for NEOM or that they never did; the corporate headquarters were closed and re-rented; the NEOM software is now held as a copyright by YA; the core patents have expired and YA is abandoning other patents.

Those are facts in public record. We know a lot! NEOM is gone.