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Saturday, August 30, 2008 11:09:45 AM
If blockbuster news hits the price will go up.
For every tick the price goes up , the number of shares Yorkville is entitled to drops.
For instance , in an earlier 10Q NEOM stated that at a share price of .008 the Fully Diluted share count was only (lol) approx. 9 Billion shares , as opposed to the 20+ billion shares it jumps to when the PPS is in the .002-.003 range.
So , blockbuster news in and of itself 'stops' Yorkville from dumping "24 billion shares".
As for the rest of it , Yorkville really can do pretty much whatever they want to whenever they want to. The numbers may change , but their 'ownership' of our company is pretty much a constant.
jonesie
p.s. Not sure I understand your comment about the new CEO's options implying 'the common will not get wiped out' if something good happens. What do you mean 'wiped out'?
Yorkville / Cornell Tracking Board #board-9964
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"I can think of no more valuable commodity than information"
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
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