NeoMedia Technologies, Inc (NEOM)

[joedimaggio_6]

Don't get me wrong; I've still got 2 million shares (down from 3.5) praying we will survive the current situation and thrive over 2007. And i've just reread the last letter to shareholders, as well as the 8k agreement with our turnaround specialist (who, by the way, took his last customer from a share price of .25 to 1.50 in 6 months), and I do like what i've read. It seems like the shareletter is basically saying our pps targets over the next year are from .125 to .20 or so, as well as getting us to profitability within the same period. Although not anywhere near the heady predictions and hopes that drove us from .07 to .70 last year (hell, let's be honest, that was TS created and unlikely to happen twice, we've already burned enough crazy speculative stock buyers to have another runup like that), i'd be happy with 5 times our pps within 6-10 months. However, i think we need more frequent updates on progress to make any of this happen. Certainly, we need to know where we stand with the paint and 12snap situations, and with our London launch.

I'm still the same hesitant long as before, i'm just annoyed that management has let yet another potential ball drop into scanbuy's hands. That pp sure would have been worth his 300k, hell, they could have taken it out of my losses :)

best

Joe