NeoMedia Technologies, Inc (NEOM)

[jonesieatl]

Hi increasecometh

"why may I ask has the sp gotten drilled so bad"

Huge pending dilution due to a lot of floorless convertible financings , along with virtually no revenues.

"how soon before this product the neoreader generates revenues?"

We really don't know. Some are hoping for some time next year I guess?

"Is the authorized correct at 1.035 billion?"

That's probably about right. 2Q08 filing out soon. In the 1Q08 quarterly filing the company told us that the Fully Diluted share count (due to those convertible financings) was around 9.6 Billion shares ... and the Authorized Shares are only 5 Billion.

"Is there any claims of NSS or reverse splits"

Kindasorta. In the last financing which was 8-K'd recently, one of the provisions for the 3rd tranche was that the company would do a reverse split. Ostensibly this would benefit the financier by giving them a larger percentage of company ownership , possibly raising their ownership from a potential 80% to 90%+.

Others can give you some info on pending deals and/or possible reasons for anticipating success , I tend to focus on the filings and what the company has said vs what they have done.

JMO

jonesie