NeoMedia Technologies, Inc (NEOM)

[ASTOCKCOLLAPSE N0W]

Wait, I'm confused.

So O'Leary is the White Knight de jour? I thought it was "Jeff" and O'Leary was "yesterday's" savior?

What new management team and what new partner?

A new, strategic partner has been touted since 2005. Yet since that time NEOM has continued to dissuade new financial partners by handing Cornell an ever increasing ownership interest in the company.

It is going to take around fifty million dollars to remove the Cornell parasite from the company. That's nearly 66% more than the current market capitalization of NEOM.

At the current rate it would require about $65 million in capital to acquire only a $15 million dollar stake in NEOM -- assuming one would want Cornell off the books before taking a large interest in the company. Given that NEOM has a historical pattern of losses - spending $4 for every $1 in ownership interest is not an enticing proposition.

Here is a more likely scenario. NEOM is restructured. Cornell, in exchange for allowing the restructured company to retain unencumbered ownership of the intellectual property, is granted 84.45% of the outstanding stock with the remaining 14.45% allocated to FritzCo and current employees. 0.1% will go to the current retail shareholder base.