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JPetroInc

11/13/10 7:43 PM

#220372 RE: krays #220370

Thanks for the supposition on the Transaction

That said, I would be stunned if the PTO choose to proceed with yet another ex parte re-exam of the 048 patent

Nice drill down by the way...

All the Best, JP

streetstylz

11/13/10 11:00 PM

#220381 RE: krays #220370

I agree krays. I believe these are the missing pieces to the puzzle


I also strongly believe Iain was put under intense pressure by YA to resign due to the failed transaction.


Best,
Sean


cjzak

11/14/10 12:55 AM

#220383 RE: krays #220370

Good deductions. And the lightbulb goes on. Too bad we don't get to see what it's really illuminating yet, re the re-exam and why it is 'deja vu all over again'. If Ian failed this miserably, then we are well rid of him. I think. Who knows anymore with this drama/horror story called 'The Continuing Misfortunes of NEOM'.

What's really amazing to me, is that this company hasn't just rolled over and bit the dust. It just keeps on going which is directly because of the IP and YA's seemingly strange fascination with it imo. They must smell money somewhere and big money at that because their MO doesn't usually follow this kind of scenario as we all are aware. Now comes another shot being fired at the very heart of the NEOM IP by a mystery 'playa'.

Will YA keep the faith? Will Laura save the day after her baby is born? Will NEOM generate revenues? Will someone buy NEOM? Will NEOM merge with someone? Will the IP fall? Will NEOM run out of money to operate? Same story different chapter of the never-ending saga. Stay tuned if your head doesn't hurt too much.

Be Confident

11/14/10 11:17 AM

#220386 RE: krays #220370

Krays,

That would hardly be reason for renegotiating Iain's non-compete to a lesser period. While this most recent patent challenge may potentially have delayed the transaction, IMO it had little or nothing to do with Iain's departure. And all should bear in mind that the USPTO has not granted the request for the reexam.

My experience in business is that until formal action is taken there is no reason for drama or extreme action. Iain left "immediately" following the news of his former company Mobiqa being acquired. I have "never" witnessed this with a CEO. He left under nearly identical wording to that of Jonathan of Scanbuy, and both were replaced with current and former presidents of the MMA under identical terms..."interim". Far too much coincidence for my eyes.

Call it what you will, I remain steadfast the industry is moving forward, that neom will not be impacted, and that any failure of the reexam to be granted will act to lock the patents tight. ...And should it be granted, Neom's extensive patent portfolio (including the most recent filing to patent the clearinghouse itself) will protect Neom and our interests.

However, this is simply, as always, JMO :-)

Best,
Be Confident

streetstylz

11/14/10 2:27 PM

#220399 RE: krays #220370

krays, I also believe Robert Durst was brought back into NeoMedia to assist Iain in negotiating "the transaction" with the targeted licensee


http://neom.com/company/profiles/rob_durst


Robert help build NeoMedia's patent portfolio and has past experience with hostile licensees (Digital Convergence).


http://www.linkedin.com/in/robdurst

"Defined and implemented an intellectual property strategy in the print / web media convergence space. The resulting portfolio continues to serve as a competitive barrier-to-entry and also produced multi-million dollars of licensing revenue in 2000. Negotiated and documented this agreement with the legal and business and legal teams of a hostile licensee. Core patents in this portfolio where recently largely upheld in an EFF re-examination challenge and are now considered the core patent portfolio in the rapidly emerging mobile code space."


Best,
Sean