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Re: AlfonszyD post# 317570

Tuesday, 09/13/2016 3:30:54 PM

Tuesday, September 13, 2016 3:30:54 PM

Post# of 326435
For some clarification on NM, LLC

It is in at least part controlled by YA per Delta's own press release.

"Delta Drone and the shareholders of the US company NM, LLC, Yorkville Advisors LLC being one of them"
http://www.deltadrone.com/it/delta-drone-discussion-exclusive-vue-rachat-de-certains-actifs-de-societe-nm-llc-aux-etats-unis-3/

There is a NM, LLC registered in the state of NJ...

I, purely for my own curiosity, emailed Delta Drone investor relations and their CEO regarding this acquisition.
Simply put in their press release they stated:

i) the approval by Delta Drone shareholders which will be convened soon for a special meeting in order to vote on the capital increase for the payment in kind for the acquisition of the assets of NM by Delta Drone and (ii) the completion of an auditor’s report and an independent appraisal determining the value of the assets acquired and the fairness of the transaction.

I asked if they were goin to disclose to the shareholders of Delta this auditors report and independent appraisal to determine the "fairness" of this transaction....I summarized the conflict it clearly being the old Neomedia assets that now YA is providing financing for the acquisition. I'm not holding my breathe on a response.

For the record, I'm satisfying my own curiousity. This is a zombie in my opinion

Good luck to all my former Neomeida'ites with all future investments. We fired and missed on this one, it was a moving target the whole time.
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