NeoMedia Technologies, Inc (NEOM)

[CRASSUS]

What would happen if everybody stopped buying?

That would put YA on hold, forcing Neomedia to pay off the debt without the help of shareholders. I don't know about Neomedia's financials at this point, but they have obviously improved significantly. It's my favourite scenario, because it secures our investment, but I don't think folks here have the patience.

If it's so easy for Neomedia to just push back the deadline on the debt every year then why are they always encouraging shareholders to chip in. They got another 18 months to get rid of the debt now. And after that. Another 12? You think I would have bought more last spring had I known that YA's got a few more years to dilute. Pushing around deadlines whenever it suits them makes it immoral and beyond unfair for investors. To me the whole thing borderlines on illegal. Why isn't Laura speaking up about this? The company has not only not increased its debt in the past six months, but also paid off half a million (I personally consider this self-sufficiency). They should be able to take care of the debt themselves now and make sure we finally get a decent ROI.

Unlike the last R/S another one won't be vital for the company, since YA knows Neomedia is making it (which wasn't certain at all back then). I ask LM to find a solution (which is simply a question of when YA will get their money) that won't hurt shareholders again. We put up a lot of trust and money the first time. Now the company is making money and we're supposed to bleed again. No way.

(Sorry about the length, it's just too much frustration:))