Replies to post #122940 on NeoMedia Technologies, Inc (NEOM)

[jonesieatl]

"NeoMedia sold 12Snap .... at a total purchase price of just under $5 million. .... 12Snap could have easily fetched $25-30Mil. from the likes of say Bongiorno."

"The 'hard & fast' question now remains: Why did they do this?"

If they really sold an "easily" $25-$30 mill asset for $5 mill (in cash, waived charges and services) I may end up being the lead plaintiff in a shareholder class action lawsuit against Neomedia after all. That would have been an utterly stupid thing to do IMHO. So stupid that it doesn't even make sense. The problem is the "easily $25 to $30 mill part". Doesn't hold water, no basis in fact.

I don't believe Nokia is "in the loop" at all. I think Nokia Ventures/BlueRun is a stuckholder looking for a way out.

JMHO

jonesie

[dlethe01]

Thank you JP and donbalon.

[Drmyke3]

So JP, Nokia (via NV) owns just under 5% of NEOM which is just under 50 million shares. The Nokia code reader was a flop. Gavitec's universal reader works well. It only makes sense, jonesie, for Nokia to beta test the universal reader and, if it works well, install it on Nokia phones. Posts on iHub indicate the beta testing went well and concluded in May/07.

Furthermore, the Gavitec scanner (Exxio?) is used around the world for entrance to concerts, sporting events, movies, trains, planes, busses, etc etc.

Furthermore, Neomedia Technologies owns 100% of Gavitec.

Now dlethe 01, our Canadian Gavitec analyst, what kind of revenues would we be looking at from Gavitec whose products are in use in over 38(?) countries around the world?

YJ, what kind of possible financings can rescue us from bankruptcy and leave us with our shares worth anything? Seems to me from JP's posts re: NV, that our float is 1 billion shares. We want an outside investor to come in and apparently Cornell is remaining as a shareholder.
So YJ and dleth01, what do you see as the bottom line for outstanding shares and cashflow projections?
tia,
Dr. Mike
ed
I didn't include and ask about licence fees for the bridge or rvenue from qode.

[Drmyke3]

thnx for your work in putting this together JP. It would be great if something substantial materializes along the path of of these dots. Most of us are burnt out after years of failed expectations.
I feel as if we are getting closer to a set of standards where Gavitec/NEOM will be a big player.
What could happen?
UR gets installed by NOKIA
SB settles and gets a licence
MC2 benefits NEOM/Gavitec
phone carriers turn on the switch
our ad partners Publicis and RCGS Europe kick into high gear
our new CEO does some deals to help himself and all of the shareholders

JP, am I pumping? No! I'm dreaming and praying.
Dr. Mike