Replies to post #244122 on NeoMedia Technologies, Inc (NEOM)

[JPetroInc]

To NeoMedia BOD

Instead of telling your "broke" shareholders - all of whom have lost all their investment dollars in this abysmal and poorly managed death spiral financed operation about a DTC system reapp., why not find alternative "shareholder friendly financing" and show us a "positive cash flow revenue producing return" - for once!

How long has it been since NeoMedia and its financiers have done either of these?

In case you haven't noticed, the Street won't touch this security because of its heinous and stinking track record....only day traders, vagabond's and gypsies will speculate in this pathetic penny.

Change these things now and you just might have a chance to reprieve yourselves...although I personally doubt there is any talent sufficient enough to make any change whatsoever to the belly-up lights-out destination this is wrecklessly being driven to..............

[codes4real]

Although we have been trading for over 15 years

Are they really referring to Dumping and Diluting as Trading???

[Personalizit]

What exactly is the compliance issue? Does anyone know? Odd that NEOM has this problem, but PUPS, a defunct company that's been "dark" for 4 years still seems to be in compliance.

[streetstylz]

DTC: The Final, Final Hurdle


http://www.thelebrechtgroup.com/tlg-publications/dtc-the-final-final-hurdle/


A couple recent developments are worth mentioning. First, there has been some mention of a “DTC-eligibility fee” being charged in the range of $3,500 to $6,000, which, if true, is remarkably high considering the services performed. I think everyone is o.k. with a “risk premium” for the services for new small public companies in light of the FINRA Release, but that fee range is absurd. Second, and more importantly, according to the latest rumors, any name change, stock split or other activity that requires an issuer obtain a new CUSIP number will cause the company to need to re-apply for DTC-eligibility, which, based on what has occurred recently with new public companies, could be a time-consuming, expensive process with no known conclusion. Additionally, there is allegedly a legal opinion that may be required for these companies to obtain and submit to DTC with their re-application. This could also prove to be an expensive proposition.


Best,
Sean