Futuremedia Public Ltd. Co. (fka FMDAY)

[Cowboy]

Be careful here I was just reading the last couple of filings and it appears Cornell Capital just might own everything if their bill is found to be in default on Dec 19th.

These folks have done a whole lot of financing for dollars in the last year.....convertable debt and Reg S offerings.

Aug 3--- 9 million with Cornell
Sept 26--- 550,000 more with Cornell
Oct 25--- 5 mil private under Reg S
Nov 6--- 800,000 private under Reg S

These can get an investor into a lot of trouble.

Being an overseas company its hard to know what the share structure is doing and with the type of financing I have read about its about to get explosive.

Thats how I read it...correct me if I am wrong.

JMO