NeoMedia Technologies, Inc (NEOM)

[ASTOCKCOLLAPSE N0W]

Anyone remember the

spin on the acquisitions posited by many here?

"The fact the acquired companies accepted partial payment in NEOM stock is a ringing endorsement of Neomedia's future prospects".

This line was parroted over and over as the reason to remain optimistic about an investment in NEOM. I often wonder who initially seeded the meme with this notion. Was it someone on the inside?

It did a good job of keeping people distracted from digesting the ludicrousness of the top-off agreements embedded in everyone of the acquisitions (maybe excluding BSD, I forget).

So to review - no, accepting stock was not a ringing endorsement of Neomedia in light of the fact that those receiving the shares were immune to downside risk via the top off agreement.