Replies to post #241983 on NeoMedia Technologies, Inc (NEOM)

[Vercingetorix]

Are you kidding me?? I had no idea he made that much. He must have been the highest paid NEOM employee. Good riddance, then..

[codes4real]

Could be. They did change the legal structure of it to NeoMedia Europe GmbH


The acronym 'GmbH', which is written after the name of the company, designates a company as private in Germany. The letters stand for Gesellschaft mit beschränkter Haftung which, translated literally, means a 'company with limited liability'. GmbH companies are incorporated and, as such, are legal entities unto themselves. These companies must have a minimum of two partners and may be, but do not have to be, owned by a public company.

http://www.investopedia.com/ask/answers/05/051305.asp#axzz1jNVfHXNC

[rufio]

Reducing that salary could cut our required periodic YA "stipend" in half....

...or most likely going to help pay for the new Colorado digs :>)

[Poptech]

street: And last quarter the EU contributed cash revenue of approximately $10,000 a month. If that doesn't scream asset sale, nothing ever has.

And remember, in August 2011 they changed the legal structure NeoMedia Europe to GmbH.

Sell it. A hangup might be that NeoMedia EU seems to be assigned the EU patents, but isn't NeoMedia selling that patents anyway?

The EU group will argue they shouldn't be a profit center because the do all the research and development. That, unfortunately, might be the hard barrier.