NeoMedia Technologies, Inc (NEOM)

[joedimaggio_6]

The pps seems to be holding up nicely, a very good base from which we can rise as more word registry buyers are announced (IMO there are a bunch that could be pr'd any time now). Personally, I think the dip today can be attributed to regular profit taking, and also to the paint registry pr; nearly every time neom pr's their paint company accomplishements, the pps dips. I truly believe they should dump nmpr. It has nothing to do with their core business (despite what others with more vivid imaginations than me can concoct), and seems very "otcb" to me. Paperclick and word registry are such huge ideas; the paint company labels neom as another otcb company trying to survive by any means necessary. I don't think the nmpr revenues will have anything to do with paperclick launching; even if nmpr brought in ten million in profit, it would stil have nothing to do with neom's market cap reaching the billion dollar mark, which is what we need. They don't need nmpr's revenues to continue, with the 100 million dollar credit line from cornell, and it just makes it harder for big investors to get behind paperclick when they see that the company seems to be hedging its survival with a small-time paint endeavor. I know that when i try and sell neom to my wealthy friends, the first thing they make cracks about is that why is some paint company valued at over 200 million dollars? We know, of course, that neom is much more than a paint company; but there's no value to having neom associated with paint. If paperclick and the word regsitry are truly billion dollar ideas, then there's no rational reason to keep the paint company in the mix. I see no value in it. And every time they pr the paint company, the new money that's come into neom gets nervous, because they bought in on the promise of a revolutionary new cell phone application, not some paint scheme. It's just so damn otcb to pr something as spurious as paint distributors in mexico when we're waiting for info on paperclick. JMO, but come on now, let's stick to what this compan is about. Nobody is betting billions on paint.

Anyway, happy with the pps, but I simply don't think management is thinking clearly when it comes to the paint situation. Was never sure why they bought that company in the first place, and would love to see them sell it off as soon as possible.

Best

Joe