Tuesday, December 12, 2006 10:43:11 AM
Yeah, they bit off more than they could chew last year, that's obvious. Many were behind them pulling for the best although a few did see the potential dangers in the deals struck. It happens sometimes that company's try to grow too quick. That's life. It happened to Boston Market and they almost went belly up and their stock went in the dumper. It happened here. Doesn't mean the product or mangement are crap. What it means to me is the product is great but the management got a little (lot) ahead of themselves. I love that chicken and the world's gonna love qode too. :) Just wait and see.
With that said, many of us still had faith that management wouldn't let their shareholders down. And, what we've seen over the past few weeks regarding the attempts to reverse dilution and put as many dollars toward a successful full scale launch of their flagship product, qode, should open the eyes of current and future shareholders of their commitment to do just that.
They really have appeared to have learned from their mistakes and that's all anybody can really ask for. What I see in NeoMedia management are the following: honesty, integrity and a strong will to succeed.
They have all the key ingredients necessary to be a huge company with a huge product/service that will reap huge profits. They just need to do it right to succeed in their goal of making qode the "standard" and it appears they've now gained the guidance (from wherever) they need to stay on track, not lose focus and do just that...succeed!
Life is a learning process, people. Nobody gets it right the first time.
It's all good to me! (Personalizit, that one's for you.;)
lns
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