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Re: JPetroInc post# 153184

Wednesday, 02/18/2009 2:16:47 PM

Wednesday, February 18, 2009 2:16:47 PM

Post# of 326388
NeoMedia reached a $336,360,543 market cap when the price hit 75 cents after they reached an out of court settlement with Virgin Megastores. At the time NeoMedia had an outstanding share count of 448,480,725.

NeoMedia is now in a much better position with other players such as ScanBuy making significant progress commercializing this technology.

"Scanbuy’s 2D Barcode Application to be Pre-Loaded on LG Camera Phones"
http://scanbuy.com/article.view.php?id=28&press=1&page=company

Should NeoMedia be valued at the $336,360,543 market cap NEOM would be trading at 27cents a share. Don't forget, that was almost 4 years ago!! In my opinion NeoMedia's intellectual property is worth much more today and I think their value will continue to be realized as time progresses.

Christopher