NeoMedia Technologies, Inc (NEOM)

[silversmith]

N E O M

I have read your posts for a long time. I know that you know that there is nothing wrong with your math.

It is going to take a big fundamental change in the structure of the company (financially defined value due to a buy in or a buy out), or a couple of orders of magnitude higher froth in the rate of new news and new business for NeoMedia in order for the share price to have any chance of reflecting high potential value. Those of us who currently follow NeoMedia and spend our money buying shares are the only drivers of the share price right now. We are a small group and we are already in deep. We don't have enough pieces of paper with dead presidents' pictures on them to move this stock to the values that we believe is proper. I have know companies that were great companies; profitable and growing, yet their stock price was stuck. The officers of the comapanies didn't know why the share price did not reflect cash flow and similar sector P/Es. In the end the only thing they could do to unlock the value of the company was to sell it to someone who could look under the hood and see the value.

NeoMedia is so early in the game in this space that I don't know if it will come to that. However, if we are going to see share price reflect value anytime soon, then I think that it will be necessary to have its value defined by an outside investor buy in or buy out.

Otherwise, we would need to wait around for the events that enable institutional investment to buy into NeoMedia to take place. That will be awhile. For all of the deep pool of shares that are available out there, I don't see how even a rampant pace of news and new deals can generate enough non-institutional investors to buy into the stock. They would have to overcome a huge overhang of daytraders, flippers, and everyone else who is in already-and would be getting out along the way.

In any case, if we get to see a big return on our investment anytime soon, I think that it will have to be because of a defined value of some sort.

All the best.
SS