U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): October 2, 2003
NEOMEDIA TECHNOLOGIES, INC.
(Exact Name of Registrant as Specified in its Charter)
DELAWARE 0-21743 36-3680347
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(State or Other (Commission File Number) (IRS Employer
Jurisdiction Identification No.)
Incorporation)
2201 SECOND STREET, SUITE 402, FORT MYERS, FLORIDA 33901
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(Address of Principal Executive Offices) (Zip Code)
(239) - 337-3434
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(Registrant's Telephone Number, including Area Code)
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ITEM 5. OTHER EVENTS.
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On March 13, 2003, NeoMedia Technologies, Inc. ("the Company") announced that
that it had reached an agreement in principal to acquire and merge with Loch
Energy, Inc. ("Loch"), an oil and gas provider based in Humble, Texas.
On October 1, 2003, the Company discovered that the royalty interest from future
sales of oil owned by Loch were oversold, which would likely result in
materially lower projected available cashflow from Loch's operations. This
projected available cashflow was the basis for the acquisition. On October 2,
2003, the Board of Directors of the Company voted to cancel the Memorandum of
Terms signed on March 13, 2003, and terminate the acquisition and merger
proceedings.
SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
NeoMedia Technologies, Inc.
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(Registrant)
Date: October 2, 2003 By:/s/ Charles T. Jensen
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Charles T. Jensen, President, Chief
Operating Officer, Acting Chief Executive
Officer and Director
ITEM 7. EXHIBITS.
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Sequential Exhibit
Page Number Document
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5 03.1 Press release dated October 3, 2003
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