NeoMedia Technologies, Inc (NEOM)

[Wongyal]

Retired last post

Posted by: RetiredandPlaying
In reply to: Personalizit who wrote msg# 2297 Date:5/21/2004 11:43:45 AM
Post #of 2557


Did you miss me? I'm flattered. Too busy playing in the sun yesterday and waiting to see the board's reaction without my influence. There are many intelligent members of this board and the general consensus has been that there was nothing unexpected.

My supplemental comments:

They were intentionally vague. BSDS is an example of that. It would appear they are still moving forward with them, yet made no comment accordingly.

They are a few weeks behind in their repayment in the $4m note, but have an 8 week grace period with no penalty. That tells me management does care about keeping dilution down. They have taken only that which they needed. They must have good news to PR and would prefer to wait until then, before drawing more from the equity distribution line to pay off the loan.

They have spent considerable money on ramping up the NMPR division and yet we have heard little about where they are spending it. Good news is therefore anticipated on that front.

I said earlier that I thought they down played the Dowdell/IPSO PR. It still isn't posted to their web site. I get the feeling that big things are coming, but they don't want to let the cat out of the bag just yet. SAIC is also great news which I expect will generate more developments in the near future.

I still think we are going to have a great summer with Neom.

I'll be going on vacation next Tuesday and will be checking in until Friday when my vacation plans take me out of the country and away from internet access. I should be back on Wed/Thurs June 2/3.

More news next week???