NeoMedia Technologies, Inc (NEOM)

[Poptech]

robbin: She appointed the entire Board except O'Leary. It is her Board. You would need three votes to replace her and those votes aren't there.

The price reflects a 10K that disappointed some investors - and certainly disappointed Laura. She believed there would be no going-concern statement, but it was in the filing.

I am not in the camp that replacing Laura will do much for the company. They will have to bring in an interim CEO while the search for a turnaround specialist. If that takes 6 months, the new CEO will have less than a year to pay off YA.

Making phone calls is not going to gain anyone an improved situation. If someone wants to file for a board meeting, it takes all of 10 minutes. Notably, no one has ever had the interest to do so.

I believe NeoMedia has the best board they could possibly get and they will keep Laura as CEO. Laura is not going anywhere until she decides to do so.