NeoMedia Technologies, Inc (NEOM)

[keepitrealplease]

Bentobox: The vast majority of the one-time, non-recurring license payments around the core patents in past years came about as a result of lawsuit settlements. Rather than a company paying millions to lawyers to fight the claims of a patent troll, they settled for a much smaller "license" payment. A small number of licenses were taken by small companies to preempt a lawsuit. That game ended a couple of years ago when the core patents expired. At that point YA foreclosed on the assets so they could run a more economic, scaled down trolling effort for the patent look back period. They couldn't make money at that point while funding the costs of keeping the company public + CEO making $500K a year plus bonus - not feasible economically. As far as the platform/product that YA acquired (under NM, LLC) is was an outdated platform that was never accepted by the market - good luck trying to white label that.