Replies to post #148032 on NeoMedia Technologies, Inc (NEOM)

[clawmann]

Retainer payments?

I don't recall that the agreement required retainer payments.
It was PR'd and disclosed as a "strategic alliance":

From the 10KSB filed 3/30/06:

"In February 2006, NeoMedia entered into a strategic alliance with Italian mobile marketing pioneer Mobedia (www.mobedia.it). The new strategic
relationship with NeoMedia is a co-marketing partnership agreement, which allows Mobedia to integrate NeoMedia's direct-to-mobile-internet PaperClick(R)
technology into all of its campaigns. Mobedia was founded in Milan in July 2005 by a group of ex-Unilever marketers. With a collective network of business relationships covering a wide range of sectors, from fast moving consumer packaged goods to network operators, and from media to advertising and promotion agencies, Mobedia is positioned to expand its mobile marketing offerings in
Italy and across southern Europe."

Was the agreement itself ever disclosed? As an exhibit maybe?

[in4it]

I guess I am surprised to see so many "connections" / "dots" / "agreements" turn up with dead ends.

I am in a utterly sickened, worried, amazed, pissed, etc. that I was mislead by former mgmt.

PR's in the past, deals, that have absolutely, "NOTHING" to do with what Neomedia is doing to date.

What have I invested in and why should I continue to hold?

Iain????

A friggin mazing!!!!
in4it

SAD, SAD, SO VERY SAD

[clawmann]

Well, if you are right about the "strategic alliance" requiring Neomedia to pay Mobedia, then this would suggest to me that the PR in Feb 2006 was somewhat misleading.

And, in any event, it makes me want to look at the specific terms of that and other such agreements.