Be: It is a bit of a conflicted to say both "when a business opportunity appears to make perfect sense" and "So many WHYs... It is time for explanations..."
The why is simple: NeoMedia has insufficient funds to pay YA so the shareholders will need to do so from their savings accounts.
M.C. got us in and C.H. got us out. The millions of shares given away to get out of that deal! There had to be some "gifts" somewhere to pull off that mess. There had to be a better way. And C.H. was oh so proud of settling for those shares. What a mess! I forgot that you had been around that long. I guarantee we will know more in the 10k. (Or before)