Replies to post #147401 on NeoMedia Technologies, Inc (NEOM)

[jonesieatl]

Going Concern

Net loss for the six months ended June 30, 2008 was $5.6 million compared with a net loss of $14.1 million for the six months ended June 30, 2007. Net cash used for operations was $3.2 million and $5.3 million, for the six months ended June 30, 2008 and 2007, respectively. We also have an accumulated deficit of $207.2 million and a working capital deficit of $88 million as of June 30, 2008. We also have an obligation as of June 30, 2008 of $4.6 million relating to a purchase price guarantee associated with our acquisition of 12Snap.

The items discussed above raise substantial doubt about our ability to continue as a going concern.

[jonesieatl]

Fully Diluted -- Why did NeoMedia ....

... leave out the Fully Diluted number in the 2Q 10-Q , after putting it in the 1Q 10-Q?

Was it because they noted all of the conversation about it here? That couldn't be it. Why leave it out this time? Simply because it was a horribly large number , nearly 25 BILLION shares?

Here's what they put in the 1Q 10-Q:

For the three months ended  March 31, 2008  March 31, 2007 
  
 Weighted average number of 
 common shares used in per  
 share calculation: 
 	  	  	  	  	  	  	  
 Basic                       1,075,168,419     684,819,898 
 	  
 Fully diluted               9,617,290,165     684,819,898

And here's what they put in the 2Q 10-Q:

For the six months ended    June 30, 2008     June 30, 2007 
 	  
 Weighted average number of  
 common shares used in per  
 share calculation,  
  
 basic                      1,081,308,224      789,247,203

jonesie