NeoMedia Technologies, Inc (NEOM)

[clawmann]

"Next time an SEC filing comes out I'll discuss relevant portions and provide some number-crunching and analysis of same, particularly as relates to our continued loss of ownership of the company to YAGI."

Jonsie: take a look at today's PPS, then look at the lowest closing PPS in the last 30 days. This is exactly why we get wet and runs get killed. YA can simply say: "hmm...very big spread between today's PPS and the 30 day low at which can convert our preferred into common and sell it. Let's do it".

Any half-literate half-educated fool could make a lot of money simply by extracting terms like that from desperate small cap companies.

Modern day loan sharking.

Except here the pain of this irresponsible financing method is not visited on the company's managers and directors who accepted these terms; it is distributed among the faceless nameless retail shareholders.