NeoMedia Technologies, Inc (NEOM)

[JPetroInc]

MrC

This has been a very unpredictable and extremely controversial year for NeoMedia and its shareholders. I believe their intentions were quite honorable in the building of a SuperCompany. However, with a fatal flaw of not having a bottom built into the acquisition contracts while being tied to a high strike price, is something which simply can not stand on its own. Hence, the unwinding process continues.

I believe this too will be a blessing in disguise for NeoMedia, and just not for the subs. I futher believe NeoMedia will continue working with these mobile marketing company's while owning a percent of them going forward.

At the same time, Neomedia will continue whittling down the operations to a finite core group while bringing qode to the mass markets. Refinancing will get them cash in hand and eliminate Cornell while generate additional positive proceeds from the sale of AutoX, Triton, 12Snap, etc. Sales will continue to ramp up in China, Europe and NA, with some stellar contracts coming in thru our new North American VP of Sales. I really looking forward to the deals being worked on at present and continued growth of those already under way.

All the Best, JP