NeoMedia Technologies, Inc (NEOM)

[hc550]

I have just finished listening to the shareholder conference call and would like to give everyone my thoughts for what they are worth. My frustration with this company has gone back 6 years now.

The dilution of shareholder value unfortunately will continue in the future. Management stated that very clearly.

Neomedia is legally bound to hold a shreholders meeting but will not until sued.

Conversion of prefered past 2/17/09 is and was illegal (imo)but will continue until they are sued on the issue.

Unfortunately if sharholders seek a lawsuit the plug will just get pulled after a significant delay in the proceedings (Scanbuy litigation is a perfect example)

There will be opportunities for existing shareholders to exit as the price is taken up for YA to sell. (My cost basis is too high to recoupe everything)

Wtih all the negative said, there is still a possibility for this company to be sold or make it thru licensing and click thru revenue. I still believe in the technology and our IP.

GLTA HC550