NeoMedia Technologies, Inc (NEOM)

[brewskih]

It means that NEOM was given 16,000 shares of the new owners of MOBOT which happens to be the old owners under a new name now. That is the 18 percent ownership NEOM has in MOBOT. However, NEOM has to trade those shares back to MOBOT at a rate of 1x1000 to get their shares back that they originally gave the MOBOT owners in the acquisition. So if NEOM wants their 16 million shares back that MOBOT still owns, they have to give mobot back their 16,000 shares. They have 15 months to trade the shares back. So technically speaking NEOM only owns the 18 percent if they decide not to trade back the shares for the 16 million they gave MOBOT. MOBOT after 15 onths can force NEOM to redeem the shares back to MOBOT either for the NEOM stock they hold or the actual cash value of the MOBOT shares at that time, thus taking away NEOMs 18 percent ownership.

""""""""""NeoMedia received 16,931 preference shares in FMS that can be redeemed to reacquire the 16,931,493 original consideration shares originally issued by NeoMedia to acquire Mobot. Each preference share can be redeemed for 1,000 shares of the NeoMedia common stock at NeoMedia’s discretion within 15 months of the closing of this transaction. After 15 months, the preference shares can be redeemed upon a liquidation event of FMS, for either 1,000 shares of NeoMedia common stock each, or for the current cash equivalent of the shares, at FMS’ discretion; """""""""""