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Re: yellowjacket post# 111571

Tuesday, 02/20/2007 1:26:45 PM

Tuesday, February 20, 2007 1:26:45 PM

Post# of 326351
YJ, I believe the major brands will chose the technology that seems most likely to succeed; at the moment, that is clearly Scanbuy. Neomedia needs to show that Qode is the better system- but until they sign a major deal akin to the Dupont one, they are definitely going to be second choice. And considering the fact that Neom is floundering financially, with no CEO, major brands will be very leery to sign major, forward looking deals; heck, nobody's buying the stock at .046 (i mean, look at this volume! With 600 million shares outstanding we haven't even broken half a mill? That's 25k?), because of fear that the company won't make it through the month, let alone the few years it will take before this tech comes to full fruition.

I mean seriously, if you were a major brand and had to chose between Scanbuy's tech, which Dupont has called the best, which has got venture capital backing and a first rate CEO, and Qode, which is owned by a company with no CEO, huge financial problems, spiral death-financing, and no track record at all, which would you choose?

At the moment, we're putting our eggs in the law suit basket; but this suit will take a long time, and IMO there are no indications that it's causing Scanbuy any problems at all.

Neom needs to show, immediately, that this company isn't sinking; i really hope they can do that, but at the moment, they haven't shown any ability to do so. I know their restructuring is going to take time; the problem is, we don't have any time. Scanbuy will outposition qode in a matter of months, which seems to be their strategy. If this continues, by the time the lawsuit works itself out, Neom will be dead and gone, Scanbuy will be a part of microsoft, and we shareholders will be left with nothing.

Neom needs to reverse this course, right away. We need a flurry of major pr's about deals completed and pending, follow ups on Newscorp, autopaint, Triton, 12snap, our CEO search, our deals with One Water, Nokia, etc, hell, throw in Amazon, Prentice Hall, Gavitech, whatever! Just get this ball rollling fast!

best
Joe