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Re: WarMachine post# 326314

Sunday, 02/25/2024 1:54:55 PM

Sunday, February 25, 2024 1:54:55 PM

Post# of 326353
There is no evidence Yorkville still *controls* the NEOM shell. There is no evidence they ever did. To *control* a public company, a person, or entity, must have majority voting rights via ownership of shares. Neomedia defaulted on *secured* debentures, collateralized by their assets - not collateralized by shares. In fact, there was a clause preventing Yorkville from owning more than 9.9%. YA seized all assets, which they *owned*, and auctioned to their affiliate, NM LLC.

So, who *controls* this shell? Can we please stop saying “owns” because a public company isn’t “owned”, strictly semantically speaking.

I am Hyperion!!!