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Saturday, August 15, 2009 11:03:50 AM
But, as I just stated, I believe that earlier this year I read a filing by Neomedia (the last 10-K or a recent 10-Q) that all of a sudden indicated YA had the right to vote no more than 5%. Why the change? That is a rhetorical question; as I am pretty certain I know why.
Yes, we could force a shareholder meeting, elect a new board, and very possibly change the relationship with YA. But first, we would have to force the meeting. All it takes is the willingness of a sufficient number of serious shareholders who are willing to put their money where their whining is.
Any legal analysis I post is not a formal legal opinion and may not be relied on by anyone for any purpose. If you want legal advice you can rely on, hire a lawyer.
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