NeoMedia Technologies, Inc (NEOM)

[rickyaces]

idfinger,'Penny stock companies still have to play by the rules.'

I think that's a misleading statement. From my experience penny stock companies bend and make their own rules. That's if you want to assume the rules will save you in the first place.
I've seen absolute scams, where without a doubt the only business was selling shares. They pump, dump, reverse split new symbol, start again. If you were to tape the charts from each symbol together it would look like the edge of a cliff. Some of these companies have operated for over 10 years. I'm not sure if it's because they're
1) not breaking the rules ie. showing the shareholders in filings that they are being fleeced.
2)the SEC is actually behind some of them or
3)the SEC is totally useless.

I am in no way trying to discourage investors from
1)writing letters to NEOM,YA,Ihub,GoMo,etc. especially if it makes you feel better
2)Threatening lawsuits, if that's your strategy.
Just IMO not the best way.
GLTA