NeoMedia Technologies, Inc (NEOM)

[JPetroInc]

Brankruptcy, I think not...

Nor does Cornell, which would place everyone involved here on the payment line with penny settlements for their dollars, long after a court appointed judge is assigned to pay creditors or reorganize the finances of the company; all of which depends on which way the supposed bankruptcy filing would be recorded. Also I'm curious to know which of the brankruptcy chapter filings you would be alluding to, e.g. Chapter 7, Chapter 11, Chapter 13, etc. They're all different.

To put your mind at ease, Cornell simply won't let this happen. They have way to much to loose by declaring NeoMedia in default. Hence the additional $2.5-Mil. payout to the 'Silent Party' on Dec., 31st, 2006, for continuation of contract agreement 'Terms & Conditions' involving one of the major subs.

Symbol (aka Motorola) offered NeoMedia a seven-figure cash deal back in 2001 for their patent suite. Surely you don't believe that NeoMedia's IP is worth a mere $7.5-Mil. do you? Do you ever stop to think that this may have been a strategic measure which served a number of purposes including the most important...to protect the core assets of NeoMedia?

Also, CF specifically stated in the last CC that he would be paying Symbol a visit soon. Ghee, I wonder what he was talking about???

All the Best, JP