Monday, February 13, 2017 9:22:49 AM
1. Their corporate entity has expired and no longer exists.
2. NeoMedia is the defendent in a lawsuit.
3. NeoMedia still has non-YA debts (debts survive the expiration of the entity)
4. NeoMedia shares have been settled which means there is no longer any common stock.
5. The preferred shares still exist providing a massive dilution potential.
6. NeoMedia has not maintained their SEC filings.
7. NeoMedia does not have an existing management structure.
It would cost millions and a lot of time to, maybe, get NeoMedia ready for a reverse merger. Nobody is going to invest to get it ready when you can pick up a clean shell for as little as $60,000.
And on your number 1 answer: "There is a new corporation now that continues (and never stopped) NeoMedia operations and it is a PRIVATE, LIMITED LIABILITY corporation..." "2) There is a corporation." "Pretty straight forward. Simple. Easily understood."
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“It ain’t so much the things we don’t know that get us into trouble. It’s the things we know that just ain’t so.” Henry Wheeler Shaw
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