Replies to post #174206 on NeoMedia Technologies, Inc (NEOM)

[MyKeyC123]

Well, they might not need $10 - $20 Million IF they are going to bought out...

I ,personally, believe that this $715K funding is just for temporary. I mean IF YA really wants to keep the strong arm grip on NEOM and have them over them while they continue their business, then yeah, $10 - $20 Million should be seen. However, that is NOT the case right here AND to top it OFF, we have seen FOR SALE clues in many areas.

This company is UP for SALE and we are waiting waiting and waiting for the BIG SALE. I just HOPE that the sale will be in the Shareholders favor. IF you think about - we are ALSO another reason why NeoMedia Technologies are still alive and kicking..."INDIRECT"ly of course...haha

[Be Confident]

BE,

Good question. I do not concern myself with calculating to the penny, I estimate. As mentioned previously, somewhere along the way I estimated cash burn at $250 - $275K/mo. Is this accurate?..I have absolutely no way of knowing..it is conjecture.

However, with the airlines continuing to announce expansion of their 2D initiative I only envision "expanding" sales of EXIO scanners going forward. I also tend to feel licensing is likely to have an impact on matters. Add to this any recurring revenue stream from service agreements (EXIO scanners), and of course any revenue from clicks as campaigns continue to launch, and you have the makings for greater than 3 months.

I felt I was being conservative, yet somewhat accurate based upon the filing.

As for your belief that it takes large, committed $$$ to build a company...apparently you have never built business through establishing channels. This is what dreams are made of ;)

Best,
Be Confident