InvestorsHub Logo
Followers 71
Posts 5761
Boards Moderated 0
Alias Born 08/20/2004

Re: krays post# 158235

Saturday, 03/21/2009 10:19:13 PM

Saturday, March 21, 2009 10:19:13 PM

Post# of 326400
The original documents require CC (now YA) and NEOM to NOT disclose who the 'holder(s)' of the Series C shares are...except/unless required by a court of law. They're hiding behind this, plain and simple...they can and have converted Series C shares as they wish...and we're always several months behind in knowing exactly what they're up to because of the quarterly filing delays. This is not a very good situation for us IMO. As BC points out, we have absolutely no idea what YA will do until they actually do it. The purpose of my posts is to remind YA et al that we're watching very closely...and we'll take all necessary actions if provoked. I need say no more. The attempt to reduce the par value of the common shares from .01 to .0001 is a perfect example of the potential for shenanigans IMO. YJ.

"NOTICE OF SPECIAL MEETING OF STOCKHOLDERS
TO BE HELD ON DECEMBER 10, 2008

NOTICE IS HEREBY GIVEN that a Special Meeting of Stockholders (the “Special Meeting”) of NeoMedia Technologies, Inc. (the “Company”) will be held at the offices of the Company at Two Concourse Parkway, Suite 500, Atlanta, Georgia 30328 on December 10, 2008, beginning at 9:30 a.m., Eastern Standard Time, for the following purposes:


1.
To approve an amendment to the Company’s Certificate of Incorporation to decrease the par value of the Company’s common stock from $0.01 to $0.0001."

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

P.S. This kind of crap won't pass shareholder muster...