Replies to post #117487 on NeoMedia Technologies, Inc (NEOM)

[jonesieatl]

"You might respond with something like .. "History?! What history?""

LOL, personally I would be very unlikely to say such a thing.

Hopefully, Neomedia will stop defaulting on these things and worsening the situation further.

So, until such time as Cornell elects to convert the warrants, whether it be for cash or in a cashless exercise, Neomedia actually is getting for current purposes/needs a net of $5M more than the net in your original post on the subject indicated?

One thing you might have left out of your calc was Neomedia having to pay Cornell some $300K+ in 'penalties' or some such for previous 'transgression'. Or, maybe you had it in there somewhere. If not, you can subtract that out as well.

thanks

jonesie