NeoMedia Technologies, Inc (NEOM)

[Tonguehair]

History seems to repeat and repeat and repeat and... Sometimes it's good to step way back and look at the big picture. Some things to ponder:

1. Coincidence? Yet another "major" PR gets released in another tumultuous race to the bottom (what do you really think of companies and people that act that way?)
2. A "partner" who hasn't updated its website in 2 years. When emailed, a guy writes back that says there are lots of "deals" that he can't talk about.
3. A "partner" that nobody had really heard of.
4. How many times has this dynamic been operative with this stock: bloody massacre followed by non-detailed PRs that still leave total confusion regarding a) contractual obligations, b) revenue potential, c)timeframe etc.
5. Eager beavers declaring victory as intensive Google searches yield a harvest of good tidings (Partners list includes Google, etc etc (hopefully there are enough folks who see those lists for what they are in the world of bb stocks: the people who don't make us pay cash up front to purchase their services).
6. The balance sheet remains toxic. Any PR that doesn't mention something specific about how to remedy this (i.e. Revenues with margins leading to net income becoming retained earnings to quench the flames that are NEOM's liabilities) is just more "hope" in the storm. Other companies can get away with this stuff. Hasn't NEOM overplayed that card?

It's kind of funny that the same cast of characters who drank the Koolaid on this stock are still here, having lost lots and lots of money, and yet still post with that confident "knowing" tone. Victory is always just around the corner. Today's victory will be NEOM's skyrocketing by 1/2 penny to hold and maybe even improve on $.065 / share.