Watty the most subtle change which underscores the most prolific changes involving PTO validation, NeuStar partnership and ScanBuy settlement is the unequivocal fact that NeoMedia's credit worthiness and subsequetnt IP value has gone from radioactive (not my words, but CH's) to triple AAA. As a result, I strongly believe IM will finalize changing the existing financial structure in order to dramatically increase shareholder value:
Iain: No. I am only concerned with the future. I am going to concentrate on funding, moving forward and to concentrate on a sensible footing for the business.
Bena: Hmm. But what about when NeoMedia was huge and bullish and then it was like Yorkville came in and NeoMedia went down hill and so did profit.
Iain: The market for mobile barcodes just wasn’t ready we were too early.
Bena: So are you going to survive from loans from Yorkville – how will that secure the future? I heard that the company was giving you USD 400K per month?
Iain: Yorkville have been extremely supportive of NeoMedia and will continue to be. I have a strong track history of getting and bringing in new investment to business. That is what I am going to do. I am going to get strong funding for NeoMedia and turn the company around.
Bena: I don’t understand. Is that new funding – without Yorkville?
Iain: It is capital from strong partners, investors and VCs. We need to get more funding for NeoMedia to make this company happen.
Bena: So with Yorkville?
Iain: I see Yorkville as part of our future. But I also see new investors seizing this great opportunity.
Bena: What if you don’t get funding?
Iain: Bena. You know that if we don’t get funding that will not be good for NeoMedia, as we know that companies need money to survive. I will get funding for NeoMedia. I am extremely confident of that fact and we will make this business a success.
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