NeoMedia Technologies, Inc (NEOM)

[neomfriend]

What I think is this.

It's a fabulous patented intellectual property portfolio,
which is why I've been a shareholder.

Neomedia has been managed by a bunch of donkeys. Up until
this latest round of financing, and the horribly suspect terms
that management agreed to, I was willing to give this latest management team the benefit of the doubt. Now, I have serious doubts to whether they have any concern for us 'other' shareholders.

Latest Neomedia management did consummate the relationship with Neustar, both in the US and Mexico. They did forge ahead with mobile codes consortium and the other mobile associations to push this forward.

They have begun licensing with a few takers so far. What is the revenue model for these contracts? If this thing does in fact take off, what will our revenue model be for future licensing? Will we actually makes some impressive money, or will we be giving them away cheaply?

I believe the 2d mobile marketing phenomena will take off, and that the company is possibly positioned to reap 'some' reward. I'm not sure where we, as shareholders, are going to be in terms of reaping rewards.

If the company continues to agree to horrible financing, then our chances of reaping anything dwindle significantly. Management took the latest loan, agreed to a R/S, and the reduction in par in January.

Who here thinks we'll be raking in enough money, with the spending this company is known for, to avoid another round of
'kick the common shareholder in the teeth' financing with YA?

Because you know we won't be heading to any other source for cash, other than from YA. Even though management says YA might allow the company to seek financing through someone else.

How the heck did we contractual agree to NOT seek loans from other sources? Is that legal or ethical?

Therefore, my perspective is slightly residing on the pessimistic side, but I do know there is a possibility and have hope that EVERYONE will benefit, at least to some degree.

I believe the original possibility that us LONGS since 2004
no longer have the opportunity to become massively wealthy, which was possible back in the early days.