NeoMedia Technologies, Inc (NEOM)

[JPetroInc]

Good greif, the sky is not falling

First, Virgin Electronics

http://www.virginelectronics.com/is-bin/INTERSHOP.enfinity/WFS/VirginElectronics

is not even remotely connected with Virgin Mega Music Store other than the fact that they have the same parent company as owner.

http://www.virginmegastores.co.uk/pws/GetHomePage.vms

Virgin Electronics is a loosing proposition while the Mega Store is generating increasing revenues. Additionally, they are expanding and are seeking ways to increase their revenue with high tech scanning capabilities that ultimately use NEOM's patented technologies.

When it comes down to CF selling $350k worth of shares, do people realize the fact that the Fritz family has well over $3.5 Mil. of their own personal money tied-up in NEOM? And even this figure is old. It could be way more by know.

If you have ever owned a corporation, you will undoubtedly be in the unfortunate position to loan your company money in times of need. When I had Con-Strut Contracting, Inc. up and running in NYC back in the late 80's early 90's, my payroll was over $85k/wk. That was just payroll. We had 63 FT employees. I can remember numerous times moving large sums of money around to stay liquid, pay taxes, pay workmans comp. annual audit charges and paying out O&A increases in seeking out new revenue producing contracts. There was even a time when I had all my personal possessions on the line by way of executed personal promissory notes. Looking back on it now, it was scary as to how deeply I commited myself to making a go of it.

Being a business owner means that you are responsibe to feed other mouths. It means that people and businesses look to you to provide. In short, you become a provider. You work continuously to support your workers and you can't miss a beat when the train is running full steam ahead. It's like a machine that keeps demanding from you. It can be relentless at times and it sure is not as glamourous as it's cracked up to be. I know. I've owned a few businesses in my life and I still do. Wooger can tell you how insane being a large business owner can be. Rewarding at times? Yes. But it comes at a price. It can steal all your free time, rob you from your family and the things you cherrish doing.

Who here is to say that CF didn't pay off a few personal creditors buy liquidating a portion of his own equity interest? Who's to know how this sale was structured and the dynamics behind it? Personally speaking, I suspect that his motives were justified. I would also think it in poor taste to contact CF and querry him as to what his personal intentions were regarding this matter. Wouldn't you?

Look, when it comes time to drive a point home to management, I'll be the first one to initiate a movement. Those of you who are Long's know that I have done exactly that in the past. However regarding this paticular issue, I will take a back seat and let the Owner (who I support) call the play on this one. I am not concerned in the least about it because I understand business.

Also, let me point out something else. When would be a good time to sell if you were Owner of a company with a market cap over $100Mil.? The answer is no time. Why? Because whenever you do, people gather like a lynch mob demanding accountability. What cracks me up the most is the fact that the people who are making the biggest noise on this issue probably hold the least amount of shares in comparison to most others who haven't said a word.

I know a shareholder who looses $24,000 for each penny that drops in share price and I don't see him raising smoke signals here on this thread. This paticular shareholder has his future and that of his new born riding on the success or failure of this company.

Most of us Longs that remain here are in the same boat. Why? Because we are believers. We are new wave thinkers. We have a "knowing" in the pit of our souls. We intuitively know that this thing can't be held back from being the potential success that it was always destined to be.

CF had the foresight of connecting the physical world to the internet world when we were all dicking around with Cobalt and Fortran. If you believe in what I am saying, then give Chaz the same kind of break you would expect if you were trying to pursue your dream on a shoe string budget coming out of one of the worst financial crashes next to the Great depression. NEOM is a survivor. They will not be denied what is rightfully and legally theirs. They have arrived and they are on the threshold of something very big and very powerful. You either believe or you don't. Its that simple.

Rock On, JP