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Re: success622 post# 63328

Thursday, 03/16/2006 10:53:40 AM

Thursday, March 16, 2006 10:53:40 AM

Post# of 326351
Success, makes perfect sense to me. In fact, it appears the MM's are trying hard to get that 5 day average to be very close to $.344 which was referenced in the most recent S-4A issued on January 20, 2006.

Excerpt from S-4A:

AS OF JANUARY 6, 2006, BASED ON 32,560,897 SHARES OF BSD COMMON STOCK
OUTSTANDING, A VOLUME-WEIGHTED 5-DAY AVERAGE CLOSING PRICE OF NEOMEDIA STOCK OF
$0.344, AND THE SHARE EXCHANGE RATE OUTLINED IN THE MERGER AGREEMENT, BSD
SHAREHOLDERS WOULD RECEIVE 0.2035 SHARES OF NEOMEDIA STOCK FOR EACH SHARE OF BSD
COMMON STOCK THAT THEY CURRENTLY HOLD. THIS CALCULATION IS GIVEN FOR REFERENCE
ONLY. IT IS IMPORTANT TO NOTE THAT BSD SHAREHOLDERS WILL NOT KNOW THE ACTUAL
NUMBER OF SHARES THEY WILL RECEIVE UNTIL THE EFFECTIVE DATE OF THE MERGER. BSD
SHAREHOLDERS WHO WISH TO INQUIRE ABOUT THE NUMBER OF SHARES THEY WILL RECEIVE IN
THE MERGER CAN CALL TOLL-FREE (877) 813-2419.

SS9173