NeoMedia Technologies, Inc (NEOM)

[hangdog]

I'm back if anyone actually cared. I have been on a self-imposed silent period after the board was dragged down to super low depths by the usual suspects.

I am fervent believer in the IP but am completely flabbergasted by the NeoMedia management. I listened in and particpated in the Q1 conference call. What I heard was that the company was muddling along and will do something sometime. The best thing I heard was a new CEO was promised by the middle of July. I cannot wait until a complete new management team is in place. I have been let down so many times I have lost count. I only hope that the middle of July promise will be met. Even earlier would be better. I just wonder who would possibly want to come in and try to fix the huge mess that was created since Feb 2006.

The price of the company will not go anywhere until at least a new team is put in place and not just a new CEO. And that means everyone. I want fresh faces who are not emboldened in any way, shape or form to Cornell or any of the hired contractors running the company.

The technology works and can be successful but it needs the right leadership in place to take it outside the permanent development mode it has been in for the last two years.

I impatiently wait for the company to remove the description of oxymoron from the phrase "NeoMedia leadership".

HD