Saturday, October 11, 2008 12:26:48 PM
I understand your question , by the way , and the nuances of those two phrasings. When NeoMedia has put that first phrase in their filings , and then gone on to explain just how many votes that entitles YAGI to , it appears they mean 'as if they have been converted'.
Somebody else can do that math-check though. It's a little hard to know exactly how NeoMedia is doing the math. As krays points out in his spreadsheet , and as I have pointed out in the past , YAGI at prices in this neighborhood has potential 'rights' to over 20 billion shares.
In light of that , where does NEOM get the number is this statement?
"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)"
3.2B outstanding? What exactly does that include , when the actual outstanding was quoted as being somewhere over 1.3B in the latest filing?
Again , I'll leave that math and explanation to someone else.
jonesie
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM