NeoMedia Technologies, Inc (NEOM)

[uofalbany]

A reverse split bringing neomedia to $20 a share, in order of having a strategic investor jump aboard?? In order to have a money supply to pay for the BURN per month?? And to see the $20 pps bleed down to $1.50 in six months.............

If a reverse split happens, it will be a sure sign of failure in this company. Reverse splits are taken because company managements are unable to perform.

Management and employees are accumulating stock, getting hefty salaries, options.... regardless of performance, regardless of progress, and regardless of ever becoming a serious contender in this market.

If they keep adding to the OS count, and keep borrowing tens of millions of dollars per quarter, they still get paid, and still buy retirement property in the Carolinas. If they keep borrowing, to keep this boat afloat, then they continue to receive the salaries, the perks, and the benefits of heading a publicly traded company. And we, the little investors, get nothing, and have nothing to say about it.

A reverse split is out of the question, in terms of shareholder loyalty.

How about performance bringing this company to $2 or $3 per share, to attract some BIG BOY investors??

How about a letter of agreement with a cell manufacturer and provider, showing the big boys are ready to ride the BIG WAVE with us??

If they reverse split, it only shows that the company is unable to perform, and resorts to a bail out at shareholders expense. And the new PPS will drop 90% in a matter of months.

Reverse splitting = A last failure for this company


And I would have to agree with Mr Negative, that Cornell is going nowhere for the forseeable future... Even though the TERMS were ridiculous, Cornell's cash has kept this boat from sinking... And If I were Cornell and someone was willing to agree to my Obnoxious terms, I'd carry out the deal also.