Friday, October 02, 2009 12:10:22 PM
I can't believe that no one has raised the possibility that the 77 million shares traded at .002 may be for the lawyers. With a Scanbuy settlement coming soon, the lawyers have to be paid. It is possible that YA sold shares to either NeoMedia to pay them, or sold them to the firm for payment. The 77 million is not greater than 4.99% of the outstanding. If they were obtained by the lawyers and sold at .008, then the net would be somewhere around 4 to 6 hundred thousand dollars. That seems to be in a ball park of what should be owed to the lawyers.
Take care all.
SS
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