NeoMedia Technologies, Inc (NEOM)

[Poptech]

There is a difference between defending your own IP and trying to invalidate other company's IP.

I am not a lawyer. I am the guy who writes the checks to IP lawyers. So I have a real opinion on who makes money on patent litigation.

Let's say NeoMedia is able to really manage their legal expense and keep the Scanbuy litigation to $300,000 a year. If they finish in 2010, that is $1.8M in consulting expenses. If we look at it like a revenue model, we spent 6 years and $1.8M to get one account. Since the account is not actively pursuing the the US market, what do you think the breakeven point would be? 2015?

Most capital expenditures today require a minimum 18 month ROI, why is legal given a pass?

Not to mention the shareholders took one heck of a bath.