Replies to post #151523 on NeoMedia Technologies, Inc (NEOM)

[neom2006]

"I am impressed with all that IM has done in a very short time."

James719...please share with us all of these great things that IM has done. What has IM done is a very short time??

If we are being honest with ourselves, since IM took over, we are done around 75%. So far, IM has done NOTHING NOTHING NOTHING NOTHING to add 1 cent to your portfolio. At this point, IM is just like the rest of the dead wood that has been placed on board by YA. IMO

[jonesieatl]

"all that IM has done"

Elaborate please? TIA

I'm assuming he's collected a paycheck per the terms of his employment agreement. Other than that ....... ????

jonesie

[JPetroInc]

James regarding the final $4.0-Mil. tranche

I would be curious to know whether YA will release it prior to the PTO re-exam finding or will they hold tight until after? If you were YA, what would you do with the $4.0-Mil., when would you release it and why? Think about it.

With that said, its understood that Anthony Barkume, Esq. has an established dialogue with the PTO examiners while the EFF is kept silent. Upon return from the holidays, he should have a better sense or feel for which way their decision will be rendered.

In order to receive the 3rd tranche, $4,000,000.00:

http://www.sec.gov/Archives/edgar/data/1022701/000114420408043681/v121767_ex10-1.htm

(vii) The Company shall have certified, in a certificate executed by two officers of the Company and dated as of the Second Closing Date, that all conditions to the Second Closing have been satisfied.

(c) The obligation of the Buyer(s) hereunder to accept the Convertible Debentures at the Third Closing is subject to the satisfaction, at or before the Third Closing Date, of each of the following conditions, provided that these conditions are for the Buyer’s sole benefit and may be waived by the Buyer at any time in its sole discretion:

(v) The Company shall have satisfied all the conditions to the First and Second Closing.

(vi) The Company shall have satisfied each of the following conditions:

(1) The Company shall have initiated a reverse stock split to the reasonable satisfaction of the Buyer. (Condition was amended not to perform RS).

(2) The Company shall have successfully completed a product trial relating to its NeoReader product with a Tier I Telecommunications Company.

(3) The Company shall have completed the design, development, and manufacture of next generation scanning hardware and created two new next generation scanners, in each case to the reasonable satisfaction of the Buyer.

(4) The Company shall provide a revised Budget in accordance with Section 4(d).

(5) The Company shall have appointed a second additional member to its Board of Directors to the reasonable satisfaction of the Buyer.