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success622

12/09/05 3:34 PM

#46724 RE: brewskih #46721

brewskih, well your first post here on iHub is a doozy.
However, you have several factual errors.

A couple of quick points, the 54 million shares registered? Those haven't been declared effective yet; thus aren't in the open market, thus causing no downward pressure.

iPoint - iPoint files the registration statement with the SEC - not NEOM, and in fact iPoint filed that registration statement in July 2005; the link has been posted previously here a couple of times. That registration by iPoint has to be declared effective by the SEC before then, NEOM can issue the stock dividend. http://www.sec.gov/Archives/edgar/data/1330519/000114420405020550/v020904_sb2.txt

Do you know who is a bigger shareholder in iPoint that NeoMedia?
"Among share holders are the Israeli based
Nisko group, a leading Israeli holding company, Singapore based
Keppel T&T and World leading Marketing, Advertising group WPP and
Neomedia Technologies. "
You should do a little DD on "Keppel T&T" http://www.keppeltt.com.sg/home/ and WPP http://www.wpp.com/ as well - they are some "big time" major publicly traded companies that see value in the IP of this "family owned business" as you put it.

Since this is your first post today, and your iHub moniker was just created today, I don't have any idea if you've read the board at all, but many of your questions could be answered here, and or by contacting the company. As a shareholder, filing something with the SEC is your right, certainly, but if I was a shareholder with any concerns that would definitely be my last resort, not spoken in the same sentence as I emailed the CEO 2 times. Also, the SEC as part of their review of BSD share registration, includes the financials of CSI/NMPR, BSD, Mobot et al already.











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Drmyke3

12/09/05 4:59 PM

#46756 RE: brewskih #46721

I've said before that I couldn't figure out where all the stock for sale was coming from, and as I posted before seeing your message now, much of the selling must be Cornell/Neomedia raising money. I assume that when I bought my 10,000 shares today that the money may end up with Cornell, and Neomedia indirectly.
Your questions that you posted sound well thought out and researched. You seem to be implying a waste of millions and question the purpose and who really benefitted.
Will be interested in following the story. Seems to me that Cornell involvement is complicated and lucrative and there is really only one place that any substantial money is comeing from and that is the trading and sale of NEOM stock.
By the way, I'm long 360,000 shares, bought at higher prices, and hopeful.
Mike