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Re: Poptech post# 224703

Friday, 02/25/2011 9:29:27 AM

Friday, February 25, 2011 9:29:27 AM

Post# of 326355
Neomedia, according to Zima's attempts to pay, has the money owed to the attorneys with the intent to pay. So we'll see how Neom handles this.

Riddle me this: if Neomedia wanted to make payments and O'Leary said No (according to Zima), then how does a board member and acting chief operating officer supersede a board chairman and acting CEO (ahem...Marriott) on making the final call?

I wonder if this was a key factor in Iain's departure??