NeoMedia Technologies (Bears Board) Message Board

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Technology Stocks : NeoMedia Technologies (Bears Board)

NEOM 0.0001000

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9:30 AM EST

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From: brewskih	3/28/2008 1:21:05 PM
	of 194

Sources of future revenue YA has warrants Neonm can force them to exercise. Problem is the pps has to be .10 above the exercise price for Neom to have that option, so no revenue from exercise of warrants. The only other source of funds Neomedia lists is Employee stock options. There are 115,511,749 shares of employee options available(add that number to the number of shares issued or allocated towards the 5 billion authorized). Only 25 million of those are in the money, and if the employees exercised those 25 million, Neom would net 200,000.00 for funding. Wow just how far will that get them? One extra week of operations? On the funds front, Neom had 1.4 million at the end of 2007 in cash, plus the .8 million for selling their 10 percent stake in 12snap. Thats a total of 2.2 million. We are now a quarter past the end of 2007, and NEOM has consistently burnt over 2 million a quarter in cash, Meaning once again, Neom is broke since this is end of March, and that 2.2 million is more then likely spent already.

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