NeoMedia Technologies, Inc (NEOM)

[ASTOCKCOLLAPSE N0W]

Dark reality.

NEOM requires $3.5 million in capital per year just to satisfy the interest expense of the outstanding Preferred and Debentures.

$3.5 million is over two-times what NEOM's core business (qode + Gavitec) generated in aggregate sales - not profits, sales - in 2006 ($1,605,000).

Even more sick is the company reported a gross loss of $204,000 on $1,605,000 in net sales. That means for every dollar NEOM generates in sales the company loses twelve cents before accounting for operating and finance expenses.