NEOM news -- just moved...
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COMTEX) B: NeoMedia Technologies, Inc., Terminates Plans to Acquire Loch
nergy
B: NeoMedia Technologies, Inc., Terminates Plans to Acquire Loch Energy
FT. MYERS, Fla., Oct 3, 2003 (BUSINESS WIRE) -- NeoMedia Technologies, Inc.,
(OTC BB: NEOM), today terminated its Letter of Intent to acquire Loch Energy,
Inc., of Houston, Texas.
Charles T. Jensen, NeoMedia's president, COO and acting CEO, said that due
diligence results determined that it was not in NeoMedia's best interests to
complete the merger as outlined in a non-binding LOI (March 7, 2003).
"NeoMedia has discontinued all activities between the companies," he said.