Replies to post #70673 on NeoMedia Technologies, Inc (NEOM)

[phoenix69]

Until recently, I thought NeoMedia management was without a question up to only good work, even though the times are not quite ready for the tech.

Now, there is the looming question of the 5 billion share authorization request, and current levels of dilution.

But, I have NO REASON to think this 5 billion share thing is not another great idea by the team. I just don't know yet. There could be excellent reasons- like they know the company will soon be super huge and internationalized, and will fit the larger market cap - or they know a giant like Microsoft or Google wants in, and this is the way to do it.

The current dilution to Cornell in my mind is not so bad - hey we have like 6 times the company we had last year - like 6 companies with 100 million each share count. That can make sense.

So, the way I see it, the only reason it can look like everything is going bad, is if you equate the dropped pps with the dilution situation. I don't think that is why it is dropped. It is Cornell being forced out of their shares, plain and simple.

If the pps was way up, it would look oh so logical, given what we know about the fantastic, exciting, ingenious 5 acquisitions we just made, and are in the process of integrating, and their synergy with the launching of a NeoMedia platform the size of a Yahoo in some years.
That, IMO, is the ball.