NeoMedia Technologies, Inc (NEOM): wilma: That was a quick Google. First...

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Re: wilma6311 post# 316843

Thursday, 04/21/2016 10:10:43 AM

Thursday, April 21, 2016 10:10:43 AM

wilma: That was a quick Google. First link:

Disadvantages of a Reverse Merger
Managers must conduct appropriate diligence regarding the profile of the investors of the public shell company. What are their motivations for the merger? Have they done their homework to make sure the shell is clean and not tainted? Are there pending liabilities (such as those stemming from litigation)...

Read more: Reverse Mergers: The Pros And Cons | Investopedia http://www.investopedia.com/articles/stocks/09/introduction-reverse-mergers.asp#ixzz46TD3SucI

And keep in mind that default does not remove the $40 million in debt. NeoMedia is the furthest thing from a clean shell.

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