Tuesday, November 18, 2008 6:26:53 PM
It is indeed sad that it's so hard to "contradict" what's in the SEC filings , re: YAGI's conversion and selling of shares , pitiful revenues , accumulated deficit , and all of the 'Going Concern' language which holds ever greater sway over this debacle.
Every time they convert a few of their thousands of Convertible Preferred shares into 10's of millions of common shares and sell them , the outstanding share count increases by an amount equal to those common shares. Those are newly printed shares , they are created out of thin air on NeoMedia's virtual printing press , and they are sold onto the open market.
D I L U T I O N
jonesieHopingForSomeIrrationalExuberance
p.s. Everybody got their questions ready just in case NeoMedia actually takes some?
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
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