Pillage and rape. NEOM is trading like a pink sheet stock for now. The trades are real. 500 at $.15 yesterday was real. The wild up and down today is real. Shorting today for the MMs and Cornell with the pps having briefly hit $1.00.
So much for NeoMedia's claim that they would promptly release an 8k once they knew the r/s was approved by the regulatory authorities as stated in the 8k filed 4-2-10.
Quoting from 5-3-10 article about digitalization of retail at link below: "A few days later, perhaps walking from your office to the train station, you happen past a storefront window that's got an interactive touch screen projection on it. You stop to play with it for a few minutes, browsing products on a giant screen and using your fingers and simple, intuitive gestures to navigate. The experience is inspiring - seeing items on the Web is one thing, but being able to manipulate them in hi-resolution at nearly life-size brings a whole other dimension. Videos show the products actually being used, and clever utilities help you narrow your item search even farther. As you're wrapping up your time there, a window comes up with a Microsoft Tag displayed. It says that you can access everything you've looked at via your phone or PC by scanning the tag, so you whip out your phone, launch the app, and scan away.
Later, on the train, you're browsing the retailer's mobile site (triggered by the Tag scan), and you're able to create a full log-in that pulls in a complete record of your interaction and saved items from the touch window."
"But again the name Microsoft is opening doors and because its colourful tags are also patented it plays a different ballgame to the likes of standard mobile barcode players. It’s game is one of monolopy and but not of anything new. The tags are bright be the technology in place for years …. but finally movement, traction and excitement are coming." Bena Roberts Gomo News.
Bena states that the new Microsoft Tags are bright and the technology that will be in place for years come. She also states it is Microsoft Tag that is opening doors, or in other words Microsoft is bringing movement, traction and excitement in 2D to online. Tag is a new product introduced to the public January 2009.
But then Roberts inexplicably states: but finally movement, traction and excitement are coming. Wait a minute Roberts? What about new colorful Tag and it being the technology to stay? Roberts is sponsored by NeoMedia so that explains the otherwise inexplicable statement.
NeoMedia's CEO recently claimed in a 4-20-10 article in Gomo News that Microsoft Tag is not gaining traction. That is an absured statement. Microsoft Tag is gaining traction having recently added to its roster of clients Honda, Absolut Vodka, The History Channel and CDAM Movies on Demand, all of which are advertising in Entertainment Weekly using Tag.
NeoMedia CEO states that NeoMedia has the resources to fund acquisitions in article at link and also claims that Microsoft Tag is not gaining traction.
In another interview a few days later (CEO busy hitting the PR), it was not the fluff expected with NeoMedia sponsored Gomo News. The author of the article brought up the hard hitting financial reality of NeoMedia. The CEO insists there is no way Cornell could walk away. Cornell will walk away if Clawmann's Judgment outweighs Cornell's profit potential in keeping NeoMedia afloat; profits through dumping common stock on the market. In that event it would be to Cornell's best interest to obtain a bankruptcy judgment against NeoMedia to offset a Judgment in Clawmann's lawsuit.
How is it that the debt holder, Cornell Capital, goes from wanting to sell NeoMedia to now wanting to make acquisitions which Gomo News states the CEO "admitted" in the interview. Admitted, lol--did Roberts beat the admission out of the CEO?
Gomo News was over dramatic in describing Clawmann as an "irate shareholder" taking "drastic action". Mobilemarketer.com did an article on Clawmann's Complaint that was good journalism and unbiased, unlike NeoMedia sponsored Gomo News. Gomo News Bena Roberts insists her website is just for high tech info, yet she published the CEO's 1-14-10 shareholder letter.
CEO's employment contract at link. Sales bonus language at Section 3(c). Til around early December investors were holding out for the possibility NeoMedia might be sold given the fact there is a sales bonus and deadline for sale, making it appear Cornell Capital was eager to sell NeoMedia. Now laughably, the penny stock scam management heads in another direction with a bullshi* acquisition hook thrown out by the CEO for suckers who might bite. Equally laughable is the fact that Cornell has ordered in it Investment Agreement that the CEO is to authorize a shareholder stock offering to pay off its loans to NeoMedia as stated in Section 11.4 of the Investment Agreement, ex 10.1 to 8k filed 1-11-10. Can't sell NeoMedia, Cornell wants retail investor to bail them out.
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