NeoMedia Technologies, Inc (NEOM)

[brewskih]

""""""""Accomplishment of just this 1 task alone will change things overnight:

"Another of our key strategic goals is to look to attract a minority equity investment from a strategic industry partner to support our current financial structure with Cornell Capital Partners." """""

Yeah right. Have you took the time to research the other company our consultant has been working with and acting CEO for 5 months in 2004 and 2005. I have.

The news isnt pretty. They got involved in some venture financing in 2005, and then in July of 2006 they were registering 10 million shares for Cornell as well. And sadly their revenue and their losses went nowhere in 2005 under this consultants guidance, and neither did the share price.

However in 2006, when they introduced new tests their revenue doubled and thats when their share price jumped, because quarter after quarter since then their revenue has gone up and they eventually made it to being profitable. But they were no NEOM either, and they werent losing a million a month like NEOM is now, so it was much easier.

By the way in July of 2006 our new consultant was president of US Medical Consultants......I havent had time to research that firm yet and see why he is now president of SKS Consulting of South Florida.

But he is tied to Cornell. And he has been selling shares of NGNM during his tenure there. So for right now until I find out more I am not overly enthused, especially as I pointed out the first year and a few months at NGNM he didnt seem to have a lot of influence over revenue or profits or anything else that relates to the finances. matter of fact I believe their losses were actually going up, until their 1st Q 2006, when sales doubled due to the new tests they put on the market.