NeoMedia Technologies, Inc (NEOM)

[RisknReturn]

Vero, the actual face amount of debt is $40,920 as of 9/30/13 as shown on page 12 of the 10-Q. It is not the $35 million you stated.

The 25% reduction in debt only happens if and to the extent that NEOM has cash to pay YA the other 75% owed. As you know, at 9/30/13, NEOM actually had to borrow more money from others to pay its insurance bill. NEOM's ability to take advantage of the 25% discount would appear to be a pipe dream at this point.