Friday, August 05, 2011 11:57:08 AM
Why did I stick around? Because Neomedia stated it needed a loan to pursue a transaction, which would make the company operationally sound for 1 year...as well as pay down the large loan at the same time.
That never happened. However, I've recovered my losses and am still hopeful something will come down the road. Will it happen with the Neomedia we know today? Probably not, we have a solid product and a solid business plan...most recent problem is we've lost our sales team to implement our plan...that's a strong sign of poor management....or, it's a deeper sign that our company is too difficult to work with.
There are no negatives, just reality. Wish myself and many more longs here would have been fed reality by Neomedia personnel...rather, we were fed lies and false hope. I remember being in your shoes...my advice, play the chart and make money...don't believe. Belief in this company will only backfire.
If you choose to stick it out like most of us did...then we will welcome you to the club...no hard feelings.
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