NeoMedia Technologies, Inc (NEOM)

[Poptech]

vero: YA might have agreed to reduce the debt, but NeoMedia has failed to meet the conditions to do so. The debt continues to climb at $300,000 per month. Multiply that by 12. There is no sugar-coating it. To put that in perspective, that is significantly more their top line revenue.

It is OK to be hopeful for an investment and still be objective to the facts that surround the investment. If NeoMedia goes BK, it will be for only one reason: their inability to sustainable debt.