Replies to post #183649 on NeoMedia Technologies, Inc (NEOM)

[Banks]

Better come quick. September 15, money runs out, lights out, everyone heads home. No wait, I bet just before then we get another loan for a month more of operations, followed by some BS PR that causes the PPS to spike some so that more shares can be dumped once more.

[Vercingetorix]

When are investors going to realize that under our current financing deal big news actually hurts regular shareholders??

If there's going to be a buyout then fine, let's do it and be done with it. But regular news? We've seen with the USPTO ruling and then (infuriatingly) with the Mobile Tag announcement that YA just converts and sells into the increased demand so that we get zip!

Hope everyone wises up to this before they buy more shares.

[clawmann]

Algae: Wrong. Management got rid of the SEDA and gave YA convertible preferred instead. In return they got a bunch of money to run around acquiring a bunch of companies in 2006. This was a completely dicretionary strategy (they did not need the money); the money was used to try an create a "mobile market supercompany."

Well, it backfired.

All but one (Gavitec) of the acquisitions had to be undone, at a substantial loss to Neomedia (and its shareholders). Some of the acquired companies even accused Neomedia's management of being less than truthful in the negotiations.

Some of us were there watching each and every painful minute of it.

If Martin "I-can't-add" Copus (and others) had not set Neomedia on that fool's errand, this stock would likely still be above .05.