InvestorsHub Logo
Followers 75
Posts 13290
Boards Moderated 0
Alias Born 04/13/2009

Re: rocket18 post# 324093

Tuesday, 10/08/2019 4:43:29 PM

Tuesday, October 08, 2019 4:43:29 PM

Post# of 326357
rocket: Yes, I can prove it. One, the acceleration 8K show the default event: https://www.sec.gov/Archives/edgar/data/1022701/000114420416107279/v441713_8k.htm

Securities termination: https://www.sec.gov/Archives/edgar/data/1022701/000114420416082536/0001144204-16-082536-index.htm

The 13G showing the shares had been reduced to 1.12 billion from 5,088,415,155. https://www.sec.gov/Archives/edgar/data/1022701/000114420416079793/v431026_sc13g-a.htm
The 5 billion: https://www.sec.gov/Archives/edgar/data/1022701/000114420415061901/v422633_10q.htm

And the August 2013 filings detailing the terms of the restructuring as voted for by the shareholders which outlines the details of what happens in the event of a default. https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001022701&type=&dateb=&owner=exclude&start=40&count=40 The documents outline a schedule that avoids bankruptcy by shareholder surrendering their shares to YA Global, a process they call share consolidation. Very clever stuff and the shareholder loved it so much the approved it overwhelmingly.

The PR announcing how 'happy' everyone was: https://www.businesswire.com/news/home/20130827005968/en/NeoMedia-Restructures-Reduces-Debt

“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