Welcome to the board Dave. Screwdriver223 sounds like the right kind of name for this place. Most of us have been here for a long time and have laughed, cried, pulled out hair out, and wanted to shout some sense into many business administrator's heads. It has been a trip.
The deal was, that in the beginning we all were pretty sure that we were invested in the right race, but questioned every second of our lives whether we were invested in the right horse in the race. Now, and especially within the last six months, we have extensive and high powered evidence that the mobile advertising space is most definitely the right race. I personnally have put that question to bed. This technical revolution is hot and going to be huge. It will change how society behaves across the globe. That does not mean that it is built out. It isn't. But we are beyond the turning point with it. I don't believe that it can be stopped now.
The issue of the horse named NeoMedia Technologies is another matter. The truth of the matter was that many stars had to line up for NEOM. Many successes acheived by other companies had to create the demand for the technology. And much luck had to come NEOM's way to keep it just shy of receiving a knockout blow from the bare-fisted fight that ensued.
It was very, very, close. It is still fragile, but it is looking like NeoMedia is standing taller and stronger rather than tottering and asking for the smelling salts. NeoMedia has been asking for whole cases of smelling salts for years, historically (thus the crying and hair pulling by us shareholders). In fact, when you review the last five years of NeoMedia history, and compare it to now, things do look like NeoMedia is the correct horse. We are pretty much in the middle of the unfolding of some legal events that make it a stronger case that the rule of the land is that players will have to go through NeoMedia to be in the game. In this kind of postion/status establishment, it is never really a done deal until precedence is set over time. We are in early days yet.
Your father and I were on the same page with this. The potential to reap very large gains is very real. The current financing picture with NeoMedia is the shareholder's number one reason why this share price is still stuck in the mud. There are events that can mitigate this and unlock the share price value. But, with a large holding, you don't need to see one hundred percent of the value unlocked. I would recommend that you start fixing in your heads the point at which you will exit the trade. That phase of the game is coming within the next 24 months in my opinion.
All the best.
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