NeoMedia Technologies, Inc (NEOM)

[jonesieatl]

blue run ventures ...

... a venture capital arm of Nokia, had invested in one of the companies NEOM bought in the supercompany debacle. When NEOM had to give gazillions of shares to those companies because of the ill-fated Chas/JJ-approved floorless acquisition plan with the 30-something cent guaranteed share price, Blue Run ventures ended up owning some NEOM shares.

It's not like they bought the shares, or wanted the shares, or even that Nokia even knew blue run had the shares, they just got stuck with the shares, and unless they sold them quickly (which they didn't?) they took a beating on their investment.

JMO

jonesie