NeoMedia Technologies, Inc (NEOM)

[Drmyke3]

neotechnician....do you see how this NYSE company bought out a TSX company with shares, but there was a maximum and minimum number of shares stipulated for the buyout.
Old NEOM management and BOD approved the purchase of four companies with no maximum in the number of NEOM shares used. In other words, the currency of NEOM shares had no maximum placed on the deals, and as NEOM fell in share price, we owed more shares to owners of the subs. As more shares were required, the stock price fell more and the snowballing gained momentum.I believe NEOM management was negligent in not providing a range of shares to be printed to complete the buyout. This NYSE company protected existing shareholders. Otherwise, if the NYSE stock started dropping, the TSX shareholders would have got more shares, further diluting the NYSE stock, causing even more shares to be printed for the TSX company's shareholders, and the cycle would have no end, until the owners of the TSX company would end up controlling the NYSE company.
Dr. Mike