NeoMedia Technologies, Inc (NEOM)

[ASTOCKCOLLAPSE N0W]

Honestly, forcing NEOM to rely less on the company's patent position is probably the best hope for shareholders -- assuming the company can execute in the market without the patent crutch.

IMO, NEOM management has wasted a tremendous amount of time and opportunity sitting on it's hands waiting for others to develop the market and theoretically infringe on the company's patents.

They've wasted this time because evidently the managers of the company did not think it urgent to get a product out because the company "owned the bridge" - A bridge they believe and still believe the courts will uphold, forcing all who have crossed and will cross to pay a "toll".

But the times they are a changing.

As information technology blossomed in the mid-to-late nineteen nineties and in the early millennium, the U.S. patent office was overwhelmed with applications. This is a government agency we are talking about here - imagine the DMV but instead of high school-aged employees running the show, scientists who could not cut it in academia or the corporate world press the stamp against the paper. In response, the USPTO haphazardly approved many patents that probably would not have passed the smell test in a normalized environment. Apparently, and thankfully, they are willing to reconsider - willing to admit mistakes were made during unprecedented times and correct for those mistakes.

As consumers, as individuals who operate in the economy on a day to day basis, this apparent trend toward reassessment will prove to be incredibly beneficially over the long run.