Pickups Plus, Inc. (PUPS)

[Personalizit]

Yes. See here:

http://sec.gov/Archives/edgar/data/1074961/000114420406022021/v044043_10qsb.txt
NOTE 5 - OTHER EVENTS:

On February 17, 2006, certain promissory notes totaling $1,365,000 (the
"Assigned Notes") that the Company had previously issued to Cornell Capital
Partners, LP were assigned to NeoMedia Technologies, Inc. The Assigned Notes
were all past due and therefore in default at the time of the assignment and
continue to be in default as of the date of this Report. In February 2006,
NeoMedia also purchased 20,000,000 shares of the Company's common stock from
Cornell, bringing its total ownership to 28,333,333 shares of common stock.
NeoMedia is the Company's master distributor for China, and Pickups Plus is a
distributor for NeoMedia in the United States. According to the Company's
records, the total principal currently owed under the Assigned Notes is
$1,365,000, and the total accrued and unpaid interest there under at March 31,
2006 was $188,000.