Replies to post #183972 on NeoMedia Technologies, Inc (NEOM)

[TVDirector]

it tanked for years...

another bout with sub sub sub penny as in .001 would result in loss of any confidence in this company.
it would confirm the view of some as just another penny or subpenny scam.

you can't be the 'leader' in this space, hold the key patent and supposedly have HUGE deals in the works and remain a viable investment at those levels.

good luck to you.

[Picksit]

lesnshawn: so, would now be the time to place open orders for 1M neom at .001 or .003 as an open order and just sit back an wait?? just wondering. best, pick.

[jeffz2]

Lesnshawn, I concur with most of your outlined thinking - except for the timeline.

They are going to run out of money again soon.
I have a hard time imagining that they intended to play this BK game, month to month financing looking towards 2010.
Being optimistic, I have to believe the timeline is/was intended to be sooner than later.

JMHO - I am thinking that perhaps there was a deal that should have closed by now, but as most big deals goes, it is taking longer to close than anticipated.

And as much as I would love to accumulate at .001 to .003, something tells me that there are no longer any conversions happening below .01 (just a hunch I hope is true), and I would garner a guess that YA might want to start pushing the price upwards for 'another roll in the dough'.

Again, just thinking out loud
Jeff