NeoMedia Technologies, Inc (NEOM)

[joedimaggio_6]

Hate to be a naysayer here, but IMO, Virgin's other option is to simply drag the court case out for a year and force neom into bankruptcy. As this price continues to crumble, Neom's ability to raise cash is seriously in jeapardy. It will take immense dilution to raise money at these levels. Neom management needs to rescue this stock before it's too late. If I were virgin, watching this pps, I'd simply drag things out as long as i could- and if i were virgin, that would be a very very very long time. The idea that virgin is going to pay neom, a company whose entire market cap is dwindling below 20 million, 200 million dollars for anything, is ludicrous. The entire company- and its up til now unproven patents- could be bought for a fraction of that. Neom needs some good news involving paperclick before this price gets any lower. As it appears right now, this is going to be a very ugly summer for the company if management doesn't get on the ball, and fast.

best

Joe