NeoMedia Technologies, Inc (NEOM)

[brewskih]

I have heard that same statement about many "HOT LITTLE COMPANIES" in the past and it didnt pan out.

Go look at TFSM media. At one time back in 1998 they were the "PIONEER" in internet advertising, and held all the patents or so they claimed. 7 years later and the big guys swallowed them whole, like Google, Yahoo and MSN, AOL and dozens of other companies. They tried law suits for patent infringement, but that didnt work either, and were forced to do a 1-5 RS nearly 2 years ago, and are still struggling to keep their stock price above 1.00 pre RS level. Its at 7.00 a share now which is 1.40 pre split price, some 2 years later, and GOOGLE, YAHOO etc are getting all the advertising dollars.

So being the first into a sector, with all the patents etc, isnt worth much if you dont have good management to execute a great business plan. Just for kicks look at VCLK and AQNT, 2 companies that were started after TFSM and look at their bottom line profits. Both are profitable while TFSM the pioneer is yet to make a dime of profits since the company was founded in 1995.