NeoMedia Technologies, Inc (NEOM)

[clawmann]

What? "Seems as though they are legally entitled to inside information." We have been through all of the contractual documents between Neom and YA that have been made available in the filings with the SEC (and they all should be there). There is no such right.

The law is quite clear that anyone, anyone, in possesion of material non-public information may not trade on that information; in practical terms what this means is that if you have material non-public info about a company, you may not trade in its stock until you are no longer in possession of such info (i.e. you have to wait until the info has been made public).

It seems safe to say, after reviewing their conversion activity and in light of the 4.99% limit on their holdings, I see no evidence that YA has limited their trading activity.