Sunday, December 10, 2006 8:22:30 PM
We had TS and his faithful Inner Circle companions pumping launch of PaperClick for July 4th, 2005, all gotten information from "Cornell" if I remember reading correctly. Go figure! Couple that with TS's constant promoting of eminent deals involving MSFT and/or GOOG, and we had a perfectly over-inflated share price going into the summer months. This situation alone impared NeoMedia because it put them between a rock and a hard place for way too many reasons to mention here. I will say one thing that is certain, NeoMedia will not Equity Partner, JV, Angel or License with anyone who does not bring a good deal to the table and this includes MSFT. I think that alot of these past events are exactly that, past events. And yes, everyone can say they saw red flags in hindsight. What will make us better investors is the fulfillment of the goals we've all believed in via mass market roll out and public acceptance of qode; something which I believe is due to happen now.
All the Best, JP
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