NeoMedia Technologies, Inc (NEOM)

[krays]

Anyone know whether or not NEOM received the third tranche $4mil funding on Jan 2 as scheduled?

$8,650,000 Securities Purchase Agreement – On July 29, 2008, we entered into a Securities Purchase Agreement (the “July 29 SPA”) with YA Global, an accredited investor in the principal amount of $8,650,000. The July 29 SPA provides for the amount to be drawn through three separate secured convertible debentures (the “debentures”) in the amounts of $2,325,000, $2,325,000, and $4,000,000 respectively. The first debenture was issued on July 29, 2008. Upon the achievement of certain milestones, the remaining two debentures are scheduled to be issued on October 29, 2008 and January 2, 2009, respectively.

http://ih.advfn.com/p.php?pid=nmona&cb=1225225274&article=27769274&symbol=NB%5ENEOM