InvestorsHub Logo
Followers 75
Posts 13290
Boards Moderated 0
Alias Born 04/13/2009

Re: SALE911 EXPLOSION post# 309380

Friday, 09/26/2014 11:20:53 AM

Friday, September 26, 2014 11:20:53 AM

Post# of 326354
sale: NeoMedia isn't necessarily a QR code company. NeoMedia processes barcodes, such as QR codes, used for marketing materials. That means when you scan a barcode, and NeoMedia issued that barcode, NeoMedia gets a few cents of revenue. The downside is most of the barcodes NeoReader scans, upwards of 95% of their scans, are done for free. The upside is any barcode NeoMedia issues generates revenue no matter which scanner app is used to scan it.

Many investors believe barcode processing is a small portion of their actual revenue. NeoMedia stopped reporting revenue for barcode processing. It is likely the bulk NeoMedia revenue is from intellectual property covenant-not-to-sue agreements.

“It ain’t so much the things we don’t know that get us into trouble. It’s the things we know that just ain’t so.” Henry Wheeler Shaw