NeoMedia Technologies, Inc (NEOM)

[movieguy]

Regarding the use of the word 'Lien', I believe it is used in the context of an unknown. If a house has a lien on it, you wouldn't buy it until it is resolved, or you know the outcome. Same with NEOM, Fortune 100 companies aren't going to invest, or cut a deal with NEOM to use their service until the strength of the patents is 'known'. Virgin is the first true test of the patents strength. Though we have the european communities backing of the patents, they haven't been tested. No, Virgin is the key, the first major test, the defining moment.

I think it is very telling that the attorneys requested only 3 weeks, even with the 4th holiday for the next court date. Plus they didn't appear in court, so they might have told the judge something along the lines of "we need only 3 weeks or so to get this done", and Judge Manning said "fine". I'm only speculating, but back in April, Judge Manning was quite resolute about getting this agreement done. In May she was very accomdating, but you can tell she is not wishy washy on this issue at all.

I would bet (and I guess I am since I believe this is a done deal and have not sold one share), that the delay was necessary but we are really close. The only caveat I offer is that if we get to 7/14 and no agreement is presented by then, I would guess it is 50/50 as to a request for an additional extension. Either way, when the agreement is announced (which I believe is imminent), that will get us back to where we were and this dip will be looked at as the final major buying opportunity of a life time. AIMHO