NeoMedia Technologies, Inc (NEOM)

[cloud3]

I've never really understood the financial instruments tied to NEOM, and people who get paid to understand these things had trouble understanding these particular instruments, so for my ignorance I take some solace in that, but not much. (Not fully understanding my investment = not something to be proud of.)

But. One factor that always confused me was that I kept hearing (at one time right from Iain's mouth) that it was better for NEOM's debt situation to have a lower PPS; that higher valuations actually hurt the company, which is the opposite of how a company's stock is supposed to work. So. What I'm wondering now is, does this latest agreement change that arrangement? Is it now NOT detrimental to their debt situation to have a higher PPS? Clearly YA benefits the most from a higher price, with their shares being fully in the money.

In other words, NEOM now has more time to grow and we can brush away the lurkers crying BK BK, but has anything more significant changed with this? The language of inclusion of previous statements casts a new layer of obscurity that seems at first devilish, but hey. Maybe that's commonplace.

I haven't had the time or inclination to follow this like I used to. I decided that I couldn't control what I've lost in this but I won't let it take any more of my time, which is far more precious. When I factor in the money and time I've spent on this, and really think about it, I start to feel puny. Angry at myself. Bewildered by my loyalty to the *idea* of NEOM. Did I say puny? Infinitesimally small. I only hope to salvage something, anything.

Dear reader, my average price would make you wince. I'm just a guy with a day job and two little kids who thought he was on to something years ago and I was both early and wrong. I made a terrible mistake, and kept making it...despite knowing full well the wisdom in Einstein's famous quote. Maybe it's different this time, and there's an impressive growth story to be had from here. But it won't reach the levels I'd need to come away smiling. I don't think it's possible with the number of O/S. So, I can only look forward to lessened losses. Barring a miracle of some kind, that is. Am I still talking? Damn martini(s)...

If there's any light to be shed on the complex financial instruments that have had their bony grip on our collective nads for years, and what if anything appears to have changed, please do share. I don't drink kool aid and I'm no fan of the "hope" thesis. I'll have the Truth with a side order of Possibility, just for dipping.