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Rotten Johnny

05/21/08 9:31 AM

#143346 RE: Elementus #143344

They're private, so their financial reporting is private as well. So we can't easily guage how much their burn rate is and how much their backers are willing to fund.

All the Best, JP
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jonesieatl

05/21/08 9:57 AM

#143347 RE: Elementus #143344

"publishing general news or press releases"

They don't do that any more.

Wish they did! I think if the general market simply had good reason to believe that people besides Chip and Frank were still working at NeoMedia (Terry Griffin et al , with perhaps a word-comment-from or reference-to Lefar and/or Cremona) the share price wouldn't look quite so much like that of a company teetering on the brink of an abyss.

JMHO -jonesie
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Rotten Johnny

05/21/08 10:12 AM

#143348 RE: Elementus #143344

Albeit, I will give you and ShotCode credit for their consistent and steady stream of announcements, progress and developments, 10 ea. in all since Nov., 07:

http://www.shotcode.com/blog

...as I simply can't comprehend or conceive why CH has not released anything substantive within that same time frame other than professional affiliations, which hopefully will have good merit to them, preferably sooner rather than later. I was under the impression that quarterly CC's were going tobe the norm as per the new managements business direction commencing last June.

All the Best, JP