NeoMedia Technologies, Inc (NEOM)

[idfinger]

Definitely agree that we do not have enough information but that has been IM's fault. All the gnashing of teeth on this board and the GOMO News string has resulted from the lack of information out of NEOM. Last Friday's PR did not help. I will be encouraged if there are a series of PRs that show that we are on track to go large. I have actually been encouraged with the former MM head on the board and it is impossible to know whether she has been supportive of stockholders rights or not. I find it positive that a former MM is setting up on office in NY. I will trust that this office and the need for $2.5 million at this time was necessary to assure NEOM's success as mobile marketing finally explodes in the US in 2010. I hope that the r/s will be accompanied by positive news that will increase the value of the stock and IM's intention with the r/s is to have it listed asap on a big exchange.
Having said all this, my biggest fear is NEOM going private into the hands of YA. Since they hand-picked so many board members and the CEO, and are now attempting to violate the poison pill the board adopted in 1999 with their newest loan agreement, any attempt to leave the common stockholders out in the cold would IMO be subject to scrutiny by the SEC and/or Delaware courts. I would hope they (YA and IM) are measuring their actions not to go over that line. I wish I knew where that line is. As a long, I am used to be patient with NEOM but it is going to be a difficult next few months.