Replies to post #79222 on NeoMedia Technologies, Inc (NEOM)

[beam11]

Hangdog - I am very glad you were there. As you know from my posts, I am very concerned about NEOM's negative cash flow, and the use of Convertable Preferred stock for financing in the future, if a higher pps can not be reached to obtain the 100 Mil SEDA. I understand from the Cornell contracts, that use of the SEDA, will be under strict control in order to control dilution.

I am concerned about cash flow operating funds and the use of preferred stock for financing. Any sale of authorized shares, whether through the SEDA or rights offerings can create more dilution.

The fees to Cornell have been paid, except for the 10 Mil shares. I think we have 2 years from 3/31/06, to use the 100 Mil SEDA. Rights offerings could be a good form of financing for the future.

Claw - I wonder what SEC rules apply to Rights Offerings.

[madcat]

And the "Nods" were from one of the founders and a couple of the board members..... Still not sure how serious they took the suggestion, but I liked it and I think most of the shareholders who heard you propose it liked the idea. Would be very interested to hear Clawman and others more knowledgeable comment on how a formal proposal of your suggestion could be presented.......

My last thought for the night was that there was one unique uniform feeling I got from everyone of the “presenters” I got to speak with. From everyone one of them I got the very sincere indication that there was so much more going on behind the scenes that they could not tell “Us” about…….. YET….. :-)

Gnite All…..