Replies to post #102732 on NeoMedia Technologies, Inc (NEOM)

[elliot1234]

Mobot is gone.

We still own 18%.

The PPS went up 30%.

Am I glad we let them go?

YES! Damn glad!

Move on.

Howard

[bigs]

Early Retirement. I think that is a fair statement. My personal opinion is if we could have kept mobot reasonably I would have liked to keep them. Their technology is actually the next logical progression for ours. Maybe 3 years down the road. If we could keep them in the fold it would have been better. We are no longer in financial position to keep them. The good news of it though is that we still keep a close tie. So maybe not in the fold, but close at hand. As far as the time they were with us, I think its doubtful much came out of the 9 months they were a NEOM company except increased cashflow burn :(, but hopefully we developed a closer working relationship that will pay dividends in the future.

My 2 Cents,

Bigs

[joedimaggio_6]

Well, the answer is pretty simple, from where we were yesterday, today's deal with Mobot is definitely a good thing. Whether or not these acquisitions were a good idea when Neom made them (and if you go back, you'll see that no, not all the longs believed that they were, and no, not everything involving the acquisitions was considered great, solving current financial and dilution problems is indeed a great step in the right direction. With Mobot, we've kept 18 percent of the company, we've got them pushing qode and using neom's tech, and we are no longer in the hole for 10 million in stock or cash. That's great news, period.

With Sponge, we saved our butts in terms of how much we would have owed, and we retained a tiny piece of the company and had a lot of stock returned. Good news again, considering that sponge had not performed as neom had hoped. So between these two deals, neom has definitely improved its position.

I'm not saying that neom wouldn't be in an even better position had they not made these two acquisitions in the first place. But neom is in a better position, by far, today, than yesterday. And if we sell the paint company soon, we'll be in an even better position again. Pretty simple math, here, friend. We all would have loved to have come out from that quiet period way back when with massive paperclick annoucnements instead of crazy acquisitions, but we got what we got- now neom's management is doing their best to fix the problem, stave off dilution, get some cash into the coffers, and launch qode. All good things.

I personally do not believe we will be down at .08 for long. At the moment, what is neom really worth? Certainly the paint co is 6 mill at least. 12snap and Gavitech together, maybe 25 mill or more? Triton- another 10 mill? that's 41 million- or basically .06 of the share price- right there, and that doesn't include qode, our core tech, our patents, and what's about to happen with the launch, china, etc. Personally, i think qode is worth 250 million in market cap right now, maybe twice that in a year or two. So IMO, we are severely undervalued. Once the street sees that we are not in major financial straits anymore (after the paint sale and solutions to 12snap and gavitech and that qode does have real potential to become part of mobile marketing in the future, the pps should indeed begin to soar. Heck, we gained 30 percent on the mobot news? This is really just the beginning. I like the looks of things right now, and I'm glad I was able to increase my position to a healthy healthy 3.5 million shares.

Best,
Joe

[stock_raving_mad]

Early retirement,

I hear you, and I wonder about that myself. I’m a person that is interested in the technology that these guys are involved with, and I’m not a financial wizard so I will only comment on what I think should happen with the tech in this situation.

NeoMedia’s qode absolutely needs an image recognition technology of the type that Mobot has to offer. This is an absolute must, and NeoMedia had better get cracking on getting this integrated into qode fast if they haven’t done it yet. This is what will make qode truly a most powerful tool. What NeoMedia doesn’t need is the text messaging applications that goes along with Mobot. I’m hoping that this is what is happening, since NeoMedia still has some 18%, or so interest in Mobot.