NeoMedia Technologies, Inc (NEOM)

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[b]Pretty bold statement under item 2. paragraph 10.[/b] "We have had a significant reduction in operating expenses over the past nine months and final cost reduction activities related to departing personnel will be completed by January 2013. We are focusing on continuing to grow the business and revenue to achieve self-sustainability, which continues to take paramount importance and we hope to achieve it by December 31, 2012".