Replies to post #146933 on NeoMedia Technologies, Inc (NEOM)

[krays]

So what your saying is it only takes a paultry 6 mil or so per year in revenues to pay for these obligations?
Am I understanding you correctly?

[streetstylz]

Thanks jonesie, you are correct.


I went back and re-listened to the November 19, 2007 conference call.


http://neom.com/fileadmin/corporate/7QUARTERLY_111907.mp3


At the very end, the last shareholder question was in regards to the $5M owed to 12Snap.


Frank Pazera stated that NeoMedia was in ongoing negotiations with 12Snap, and that certain 12Snap shareholders were receiving quarterly payments.


Best,
Sean