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Re: wilma6311 post# 316850

Thursday, 04/21/2016 5:08:36 PM

Thursday, April 21, 2016 5:08:36 PM

Post# of 326338
wilma: The quote I posted said to avoid using companies with pending litigation for a reverse merger shell.
It is not off topic to also note that NeoMedia would be a poor shell because of $40 million in debt, accounts payable, a boatload of preferred shares owned by YA, a default and pending bankruptcy. These are very bad things in a shell. Go read the link.
NeoMedia cannot be used as a shell in a RM. It is a false hope.

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