NeoMedia Technologies, Inc (NEOM)

[hc550]

Recent events surrounding NeoMedia Technologies have been extremely positive in my opinion. Following the USPTO decision and the interview with Scanbuy CEO, yesterdays 8K was full of surprising good news. Many posters had speculated that loose ends on the financing would need to be tied up and that has happened. It appears to me that Neom received an extension of the March 2007 Debenture until 7/29/10 and the July 2008 SPA matures on the same date. If I am reading this right, Neom cannot be in default until 7/29/10 (please correct if wrong) and if the sector continues along its present course we should be well on our way to breaking even/profitability by then.

I do not post very often but read the board daily. I have added to my position slowly over the past 5 years and will not give up on this stock. I do not support a buyout of this company as I believe this will only yield a fraction of the potential profit possible for the current investors here. I will copntinue to hold my position until we have reached our full potential which I believe is a multi billion dollar company.

GLTA HC550