InvestorsHub Logo
Followers 4
Posts 1247
Boards Moderated 0
Alias Born 12/10/2000

Re: None

Thursday, 12/11/2003 2:45:45 PM

Thursday, December 11, 2003 2:45:45 PM

Post# of 7045
NEOM filed 8-K..it could pop...more about.

NEOM currently trading at .155......more below.

On December 9, 2003, NeoMedia Technologies, Inc. ("NeoMedia") signed a
non-binding letter of intent (the "LOI") to acquire Triton Global Business
Services Inc. and its parent company, BSD Software Inc. (Pink Sheets: BSDS),
both of Calgary, Alberta, Canada.

The LOI outlined terms, including an exchange of one share of NeoMedia common
stock for each share of BSD Software, not to exceed 40 million shares. The
transaction is dependent on due diligence by both companies, approval by
NeoMedia's Board of Directors, BSD Software's Board of Directors, shareholders,
required regulatory approvals, and other conditions.

Triton, formed in 1998 and acquired by BSD in 2002, is an Internet
Protocol-enabled provider of live and automated operator calling services,
e-business support, billing and clearinghouse functions and information
management services to telecommunications, Internet and e-business service
providers. The acquisition is subject to completion of due diligence by both
sides, as well as Board approval and other conditions.


With NEOM at .155 and BSDS at .25, unless there's a lot more than the filing says, this LOI doesn't look so hot....but
NEOM could pop.

"Aim low Sheriff...They're ride'n snakes"
as usual...JMHO..SMD

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.