NeoMedia Technologies, Inc (NEOM)

[Arpvrp]

Blue Run Ventures was invested in 12Snap - They were paid in part with guaranteed Neom shares. The guarantee fell apart and Neom still owes $4.6 million dollars to 12 Snap Investors. It was originally over $16 million. With that being said and as I've said - Don't be surprised if any revenues go towards paying down that debt. The SEC filings indicate Neom has projected to pay off the $4.6 million in 09' there is no projection for 10'

For those interested you can research Neom filings pertaining to 12Snap as well as Blue Run Ventures own website. They point out 12Snap as a past success...

mffais - Doesn't show blue run ventures as holding any shares. It use to...