NeoMedia Technologies, Inc (NEOM)

[jonesieatl]

"YA can not vote more than their 4.5%"

Au contraire , YAGI is specifically given the right to vote every share of common their financial instruments could be converted into on the date of the 14A. It's right in the SEC filing. Billions and billions of votes , more than 10% of the outstanding , more than 20% ,

"Series C Convertible Preferred Stock has voting rights on an “as converted” basis."

How many shares of common could the Preferred by converted into on the date of the 14A? It was billions and billions last time I looked , krays didn't break it out I don't think , but he's showing a combined total of warrants/debentures/Preferred of almost 22 billion. I don't think all of that can be voted as various warrants aren't 'in the money'.

"Approval To Amend The Company’s Certificate of Incorporation. For the 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, the affirmative vote of the holders of a majority of the 3,230,944,960 outstanding shares entitled to vote will be required for approval (at least 1,615,472,481 votes)."

So , only 1.6B votes needed to pass whatever YAGI , er , I mean NeoMedia wants to pass. Think this vote will pass?

Vote 'no' , force YAGI to vote every one of those 1.6B shares to pass this garbage.

jonesie