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Personalizit

02/26/14 11:56 PM

#302454 RE: Personalizit #302453

Speaking of Infomedia: They are no stranger to acquisitions:
http://finance.yahoo.com/news/infomedia-acquire-vringos-mobile-platforms-133101218.html;_ylt=A0LEVzuwxA5TSDsARzZXNyoA;_ylu=X3oDMTExcTdidDdsBHNlYwNzcgRwb3MDMQRjb2xvA2JmMQR2dGlkA1VJQzFfMQ--
NEW YORK - January 2, 2013 - Vringo, Inc. (VRNG), a company engaged in the innovation, development and monetization of intellectual property and mobile technologies, today announced that it has entered into a definitive agreement with Infomedia Services Ltd. pursuant to which Infomedia will acquire Vringo`s mobile partnerships, application business, and a portfolio of internally developed patents related to those technologies.

Infomedia is a leading provider of customer relationship management and monetization technologies to mobile carriers and device manufacturers. By combining Vringo`s research and development center with its existing operations, Infomedia will be positioned to create a more integrated global product offering for delivery into carriers, OEMs, and enterprise partnerships.

Under the terms of the agreement, Infomedia will acquire Vringo`s mobile technology business in exchange for an equity stake equal to approximately 8% of Infomedia. Vringo will license certain intellectual property assets and support Infomedia to identify and protect new intellectual property. In addition, Andrew D. Perlman, Chief Executive Officer of Vringo, will join Infomedia`s Board of Directors. The transaction is expected to close upon the satisfaction or waiver of certain closing conditions which are anticipated to be completed by March 31, 2014.

(Creative financing/deals are out there)
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Poptech

02/27/14 12:06 AM

#302458 RE: Personalizit #302453

Person: NeoMedia filed they no longer have sales activities in Europe. It is now considered a cost center. However, the EU patent was licensed years before they won the appeal. The appeal didn't stop the agreements.

YA wanted alternative financing when there was no more dilution to be solved. That deal goes away with the latest 8K, but NeoMedia keeps some of the benefits. Now YA can get back to their core PIPE business with NeoMedia. The 10K should clarify, but it looks like they will put it off until the Q1 report.
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Be Confident

03/02/14 10:24 PM

#302530 RE: Personalizit #302453

Person,

I am not counting on much in the 10K. As for Europe, once again you raise a good point. All remains a mystery, including your keen observation of qode.com. While I have yet to consider Neom or YA as being strategic in nature (IMO their actions have always implied a very linear thought process), perhaps there is a slim chance they've been holding out on us.

Too bad you referenced an article mentioning Martin Copus. IMO he brought less than nothing to the table. Should any newbies be reading this post, Copus is the reason we are in this mess. Any high school student (and I "do" mean high school student!!) would have been knowledgeable enough to avoid the senseless acquisition of 5 cash strapped companies which caused Neom to nearly fall into BK, and which began the unfortunate circumstance with YA that has acted to obliterate shareholder value. So sad that your article mentions this twit.

Btw, the 'good things from me since I calmed down' is merely a stab at reason. I am an optimist by nature. Personality traits are difficult to overcome, and when a business opportunity appears to make perfect sense, it is difficult to sway me. I can reason through this all I want, however, we have absolutely no indication as to why any of this is occuring, and time after time we felt our pay day was coming, only to have the bottom pulled out from under us again.

I feel this most recent news is an indication that YA wants out by August, but that it could take longer. But why 7.5B? Why a 1:15? Why no news other than bad news. So many WHYs... It is time for explanations...

All of the above...JMO.

Best,
BC