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The Vigilante

04/27/12 1:58 PM

#265229 RE: krays #265226

Let it be said that the dilution is a necessary evil. When I say that, it is under the stipulation of "all things being equal." That said, YA finances, NEOM continues to hire and give LM more money.

I am put off by the BOD and LM. Their actions are not within the law at this point. They do have an obligation to the common shareholder. The fact they cant find other money, in this market, amazes me. But why bite the hand that feeds ya, right LM? yada yada.. makes me f'n mad!

If there were no demand for this stock, we would be at .005 all ready. shares are being traded. this will play out soon enough.. but this bottom beating is


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RisknReturn

04/27/12 2:00 PM

#265230 RE: krays #265226

Krays, your posts are honest and completely credible to me. I agree with you that if another lender could be found to take out YA, that could eliminate the long term death spiral risk and that is the best thing that could happen to NEOM. Then we could discuss whether the IP can ultimately be worth enough to pay off that refinanced debt and leave something for the common stock holders. As it stands the game is currently rigged where the all of the risk has been transferred from YA to stock holders.
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Personalizit

04/27/12 2:09 PM

#265233 RE: krays #265226

Did you miss a zero?
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Poptech

04/27/12 2:14 PM

#265236 RE: krays #265226

krays: Your numbers would mean that NeoMedia is currently insolvent.

Last paragraph page 1:

http://bankruptcy.cooley.com/Production%20Resources(2).pdf
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diamondtech

04/27/12 2:37 PM

#265242 RE: krays #265226

Realistically what kind of upside can that produce,,

Plus can any upside hold with ya out of the picture and no longer diluting.

That could be one componet but there still needs to be a catalyst to keep the momentum going forward, that being revenue and being cashflow positive. IMO.

I agree that this whole exercise has been to remove the debt
I just hope it's sooner than latter.

Thanks for all your input and D.D

All the best..




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jeffz2

04/27/12 3:56 PM

#265276 RE: krays #265226

Thanks for sharing your thoughts Krays

Much appreciated
Jeff