Replies to post #149044 on NeoMedia Technologies, Inc (NEOM)

[Personalizit]

"Let's hear a prediction about when we'll go cash flow positive , like the one a former CEO gave us"

Ah yes and he was proud of it. Even though it was G.O.'s job. One of his main accomplishments, so he said. he got us "cash flow positive" by getting rid of the subs at fire sale prices and saying that the income from the subs made us cash flow positive for the quarter. It doesn't take a good sdalesman to give something away.
(paper gains after many quarters of REAL losses). No recurring revenues. Not what I consider cash flow positive.