NeoMedia Technologies, Inc (NEOM)

[jonesieatl]

"selling on the rumours, but holding a good deal"

As we saw in the last 10-Q the number of Series C Convertible Preferred shares that were converted and sold recently , they certainly do the former. With 1.2 Billion shares outstanding and a 4.9% limit on how many shares YAGI can convert and sell at any one time ... if the trading volume supported it they could convert-at-discount and sell 58.8 Million shares every day.

Of course the volume doesn't typically support that daily quantity , but we can probably correctly assume that they do their best with what volume is there.

With regards to the latter , they don't have to 'hold' in the sense that we might 'hold'. As also shown in the Q , YAGI has rights to billions of shares which they can convert at discounts-to-market at any time in the future they wish.

As to the other questions in your post , yeah , gotta wonder sometimes.

Hopefully we'll be pleasantly surprised one day. That would be a nice break from historical precedents!

jonesie


Yorkville / Cornell Tracking Board #board-9964


"I can think of no more valuable commodity than information"