NeoMedia Technologies, Inc (NEOM)

[jonesieatl]

Has this been posted already? If so ....

.... I missed it. This seems to be very telling as to what NeoMediaYAGI's intentions are:

Vote Required For An Increase In Authorized Shares Of Common Stock

Approval to amend the Company’s Certificate of Incorporation to decrease the par value of the Company’s common stock from $0.01 to $0.0001 per share will require that the holders of at least a majority of the outstanding shares entitled to vote thereon vote “FOR” the proposal.

Recommendation Of The Board Of Directors

Our Board of Directors unanimously recommends a vote “FOR” the approval.


6
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Page 3 of the same filing shows that YA currently owns 21 million shares of common stock which is 1.6 percent of the class of common stock and a total voting right of 60.4 percent with their preferred stock.

If anyone hasn't read through this , I suggest you do. It's not that long , and it tells us what this company is really all about ... printing shares , selling shares , screwing common shareholders.

http://www.sec.gov/Archives/edgar/data/1022701/000114420408056844/v128341_pre14a.htm