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Harold Fieldt

04/09/13 5:37 PM

#288121 RE: robbindabank #288119

Neomedia might be unfixable. In that case lying would be #1 on the corporate agenda. Laura is a failure and she knows it. Only an explosion in company value would justify the tricks and treats she's been serving us over the last 30 months.

Every single day makes YA money (or reduces their losses, we don't know), so don't expect any changes until volume drops to zero.

EDIT: Personally, at this point I'm very, very interested in how the game ends. And that's also the only thing I'm interested in when it comes to Neomedia.
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Poptech

04/09/13 5:54 PM

#288124 RE: robbindabank #288119

robbin: She appointed the entire Board except O'Leary. It is her Board. You would need three votes to replace her and those votes aren't there.

The price reflects a 10K that disappointed some investors - and certainly disappointed Laura. She believed there would be no going-concern statement, but it was in the filing.

I am not in the camp that replacing Laura will do much for the company. They will have to bring in an interim CEO while the search for a turnaround specialist. If that takes 6 months, the new CEO will have less than a year to pay off YA.

Making phone calls is not going to gain anyone an improved situation. If someone wants to file for a board meeting, it takes all of 10 minutes. Notably, no one has ever had the interest to do so.

I believe NeoMedia has the best board they could possibly get and they will keep Laura as CEO. Laura is not going anywhere until she decides to do so.