To: Ian McCready, CEO NeoMedia Technologies
Date: October 30, 2009
Subject: New and additional CEO duties
Dear Mr. McCready
First of all, I would like to congratulate you and your team for the recent accomplishment at NeoMedia Technologies. Now, however, the nature of your CEO duties are expanding. You had expressed to Bena Roberts that you understood the frustration of the company shareholders with respect to your disciplined silence about company proceedings. You also stated that now you could speak out. Please do so. You are now also to become the leader in speaking out about the prospects of NeoMedia Technologies on behalf of its shareholders. Now we expect you to begin to provide guidance to the global investing community.
-When do you anticipate that current and expected cash flow will fund current operating expense?
-What is the approximate number of current and expected licensing prospects that are in the pipeline?
-How will new licensing deals that occur through Nuestar be reported to shareholders?
-What monetary value do you expect that the average license agreement will bring to Neomedia Technologies?
-Where do you expect to see the book value of the company in the four quarters of 2010?
-Are you attempting to secure an investment/partnership purchase of a fractional portion of NeoMedia Technologies for new funding? When do you anticipate that this would occur?
-When do you anticipate being able to drop the 'going concern' language associated with NeoMedia Technologies financials?
-What time frame do you have in mind for retiring the debt obligations owed to Yorkville advisors?
-Do you anticipate being in a position to initiate a company share buyback program, and what time frame do you expect for this?
-What do you anticipate the company will look like in one year's time?
-When do you anticipate public advertising/marketing of NeoMedia Technologies to a large scale audience?
-Will you begin posting a monthly company newsletter to discuss relevant events and company evolution?
There are many more questions. Even without having all of the answers, some discussion is valuable and proper. Please begin speaking out to the world.
Sincerely,
Silversmith
AI
