NeoMedia Technologies, Inc (NEOM)

[ASTOCKCOLLAPSE N0W]

It was clear as crystal, to myself at least, the moment I originally reviewed NEOM's financial statements what the company was and where it was headed.

It is so interesting to track the career paths of the players behind these things. Most people settle into a industry but these guys play so many different roles in disparate industries throughout the course of their professionals careers.

CPA at so-and-so accounting firm.
CEO of electronics manufacturing company.
Partner in a land development company.
President of a medical supply company.
Board member of a mobile device company.

They have a laundry list of career changes yet are seemingly successful business men. But the interesting aspect is the public companies they head are almost always consistently money losing operations and ultimately become worthless paper.

I have a theory or three on why this is so but I am hesitant to posit it on this board.