NeoMedia Technologies, Inc (NEOM)

[codes4real]

The statement was so intentionally foggy that it could mean numerous things.

The opptimisitc part of me thinks the transaction was the completition of the Buengerno deal. It could potentially generate enough revenue to sustain 12 months of operation and to paydown debts...it was completed within the 90 days as stated...and the recent funding from YA would suplement the needed cashflow while NEOM waits for the licensing revs to come in from this deal.

The pessimistic part of me thinks we were played for fools (again) and no such transaction was ever foreseeable, thus why the statement was so foggy (never stated it was for sure securing a deal, only pursuing).

Either way, I personally don't see anything materializing from this statement. Thoughts from anyone?