NeoMedia Technologies, Inc (NEOM)

[brewskih]

hey 8eights......wasnt NEOM funding 3 of those deals in order to keep them in business through bridge loans??????And you wonder why they were quick to jump at NEOMs offer. The buyout itself saved them and kept them with a job as I pointed out a while back, so yes they are greatful that NEOM came along and saved them. They diudnt need me around for that now did they...LOL.

Lets wait and see what they bring to the table when we get to see their numbers in about 6 months, when a full quarters results will be available. As for BSDS I am not impressed with the just over 200,000.00 net profit a year, although its better then NEOMs performance to date. Remember that profit cost you and I 2.5 million dollars, so even with moderate growth it will take 5 years to recover the initial investment, if NEOM can keep the profit going. They already showed us with the paint business that they took it over as a profitable business and a year later it was non profitable, so we will see.