The e-ink ereaders created a
nice opportunity for Neonode because the reflective screens couldn't afford to have an
additional layer of glass on top of the screen as resistive and capacitive touch need.
[Two fee issues to monitor: i) Capitalizing (& amortizing) IPO expenses as a balance sheet «asset» is a
nice gimmick for investment managers to collect
additional fees — however, it's far less prevalent these days & actually may not even be permissible any longer, and ii) if the company invests in JVs which are also managed by the investment manager (or a related party), shareholders should ensure two
layers of fees aren't imposed].