NeoMedia Technologies, Inc (NEOM)

[krays]

Each share of Series C carries voting power on an "as converted" basis. $19,307,000 converted at a par value (minimum conversion price) of .01 = 1,930,700,000 votes but if the same value was converted at a par value of .0001 there would be 193,070,000,000. Since current share price is around .003 the conversion would currently equal 6,435,666,667 shares/votes. The number of votes "on an as converted basis" will change with the stock price but apparently cannot go below par value. Whether this is accomplished via RS or increase in AS the results would be the same. What difference does a vote make if the vote is predetermined? It's anyones guess as to what PPS will be in Feb, but it's fair to say that it will be whatever YA wants it to be. All IMO of course!
Regards,




"A man doesn't know what he knows until he knows what he doesn't know"