NeoMedia Technologies, Inc (NEOM)

[wilma6311]

Here is a Franchise Fee calculation...

For corporations having no par value stock the authorized shares method will always result in the lesser tax.
•5,000 shares or less (minimum tax) $175.00.
•5,001 - 10,000 shares - $250.00,
•each additional 10,000 shares or portion thereof add $75.00
•maximum annual tax is $180,000.00


Based on 7.5bil shares they would owe 56mil if there wasn't a cap.

https://corp.delaware.gov/frtaxcalc.shtml