NeoMedia Technologies, Inc (NEOM)

[ifitlooks]

Posted by: ifitlooks

In reply to: None Date:12/12/2004 1:42:56 PM

Post 4070

"NeoMedia and its investment banker, Cornell Capital, are going to bring NEOM a number of opportunities to use its extensive shareholder base to effectively create mini-IPOs for private companies with which they have a banking relationship".

"Here is how the financial magic works. Cornell brings a private company to NEOM in which they have a financial interest via debt, equity or some combination. iPoint-Media Ltd. of Tel Aviv is the first example of this strategy".

Would anyone be kind enough to help a newbie out and explain what the implications may mean?
Judging from Friday's move, it's not a negative.

Does anyone have TS's CW Microcap promos from Dec 04? I believe this is where I pulled this from


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