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elliot1234

07/11/09 1:08 PM

#178823 RE: silversmith #178819

Your argument is compelling, I must admit. What is your estimate of a buyout price?

Regards,

Howard
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lesnshawn

07/11/09 1:18 PM

#178825 RE: silversmith #178819

silversmith: With all due respect, soliciting this board for a consensus of a fair shareholder share price offer will do as much good as NeilPeart's poll...none.

lns
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Zacked

07/11/09 1:20 PM

#178826 RE: silversmith #178819

Silversmith, I really value your posts and have no reason to diagree with you. If that is the case, that NeoMedia is being bought out, we should all be buyingmore stock. I have been in this situation before and as soon as a buyout price is announced the pps shoots up to that price. But,we are so low now. Isn't there a general rule as to the maximum price the sale price is according to current price? If so, the buy out price would not be high enough for some here, but I would welcome a buy out. All this waiting and connecting the dots is very tiresome.
fair shareholder prediction price: .20, probably lower.
At any rate,the buy out price would be higher then we are today, so buying at this level would be very advantageous if we knew for sure.
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clawmann

07/11/09 1:30 PM

#178829 RE: silversmith #178819

On that, we agree. The formal notification (Form 4) by insiders to the SEC of their acquisition of the "Change in Control" options on Thursday evening was a clue, I think.



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jeffz2

07/11/09 1:40 PM

#178832 RE: silversmith #178819

Interesting post SS - certainly thought provoking.

I, like Elliot, am curious of your figure.

Zacked,
interesting perspective, and I agree - if a buyout is coming, it will presumably be for a value greater than the current .0125.

Perhaps as little as .02 to as much as xxx per share.
With the vast complexity of this company's finances, I have no idea where to speculate.

But I "can only hope" it will be greater than .20 cents.

One could also say that making sure all the i's are dotted, and t's are crossed - hence warrants - before the completion of this type of transaction very much supports SS's suggestion.

JP, BC and all - would be very interested - from the regular's here, - your perspectives on this concept.

Jeff
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rickyaces

07/11/09 1:55 PM

#178838 RE: silversmith #178819

400M
divided by the O/S after YA converts all.
So if that = 4B we're at about .10 pps or 8X our current pps.
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hangdog

07/11/09 6:45 PM

#178880 RE: silversmith #178819

Last week I pushed my share count up another 400,000 shares. Bena's slipup and quick CYA was a sign that I took as "buy now or forever whine and complain that I missed the boat.

The day is coming and quicker than most think. Why do you think all the Form-4's hit the street? When the buyout comes the options that can be exercised in the future are going to be allowed to be exercised for the buyout. You need to have an official count of who has what.

Personally I don't want a buyout. I want a buy-in with a big chunk of change to pay off the debt, free the IP and to retire many of the options and warrants.

Have a great weekend.

P.S. I hope some of the long-term naysayers miss the boat and then they can have another complaint in life.
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krays

07/11/09 8:16 PM

#178894 RE: silversmith #178819

$400,000,000 / 5,000,000,000 = $.08

Mark it!!

Just a guess of course, but it's mine :-)
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JPetroInc

07/11/09 9:16 PM

#178903 RE: silversmith #178819

Silversmith I have read all your posts and believe you have a solid take on this company and its technology...and I agree with your reasoning regarding an imminent sale.

Others here believe the company should be allowed to grow (which also includes IM's same sentiment during the last CC). I simply have to disagree. While I concur that the company would most likely be exponentially more valuable generating positive cash flow, I have to remember YA is a Hedge Fund. YA does not grow companies. They finance them, plain and simple.

They've cleaned up the books, released the IP from default, reduced the warrants from 1.4-Bil. to 1-Bil., laid off most personnel, cut salaries across the board, stated those same reduced salaries would be returned to their former levels in the future, have released YA from all past transgressions, pulled the financial plug on the 3rd tranche involving a $4-Mil. life line immediately after the PTO 048 patent validation, all the while providing much smaller bridge loans to sustain the company going forward. If anything, one would think the 048 PTO patent
validation would be caused for $10 or $20Mil. in funding if they wanted to grow the company. But no, they pulled
the financial plug. Why?

Big in Japan has 40 FT engineers, are hiring and are growing server farms to handle ShopSavvy's backend OS platform. All NeoMedia's sales people are gone. The 2 software engineers remaining are PT and work from home. IMHO, NeoMedia does not have the in-house ways, means, resources or capabilities to take this technology to the next level...which is again why I agree with you about a (sooner than later) sale.

Assume 1.8-Bil. float, 1-Bil. warrants, the series C prefered can be retired to treasury and the below conditions are free from complicated legal wrangling:

$100-Mil. sales price = $0.0357 per share

$200-Mil. sales price = $0.071 per share

$300-Mil. sales price = $0.0107 per share

$400-Mil. sales price = $0.143 per share

$500-Mil. sales price = $0.179 per share

$600-Mil. sales price = $0.214 per share

$700-Mil. sales price = $0.25 per share

$800-Mil. sales price = $0.286 per share

$900-Mil. sales price = $0.321 per share

$1-Bil. sales price = $0.357 per share

All the Best, JP
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Phishentine

07/16/09 7:42 PM

#179596 RE: silversmith #178819

silversmith....any thoughts or words of wisdom this week....as the PPS continues to tumble downward into the RED and no news released?

If NEOM and Iain really were closing a huge deal, don't you think the BIG BUCKS would've arrived by now, increasing the daily volume and PPS?

That is, if it really were that huge?

Just look at that smile.....