NeoMedia Technologies, Inc (NEOM)

[ASTOCKCOLLAPSE N0W]

637,591,000 shares issued and outstanding as of 12/31/06.
105,822,000 options outstanding.
316,325,000 warrants outstanding.
557,268,041 associated with the Series B CP.[1]
-----------
1,617,000,000 fully diluted.

Note: This number is not precise. It is based on a cursory review of the 10K. NEOM's financial statements are more convoluted than those of some large cap companies I follow.


[1](21,622 series B outstanding * 1000 par value) /
(0.04 lowest closing bid over the last 30 days * 0.97 discount)