NeoMedia Technologies, Inc (NEOM)

[elliot1234]

First of all, Scanloni, there are probably 1000s of small public companies that have had to add that "going out of business" caveat to their financial reporting. They can't say things like, "We have a last ditch plan in place to get $ if we need more time to secure permanent financing."

IMO they have such a plan in place. When you've been here at I-HUB with NEOM for a few years I don't think you'll worry as much over these CYA statements. We should hear something by the middle of next week but it may only be a stop-gap measure for a month or two, until they finish up their "real financing." (Remember, it has only been less than 90 days since the patent decision. They haven't had a lot of time to get the financing that they need.)

Regards,

Howard