NeoMedia Technologies, Inc (NEOM)

[luckyrabbit]

its called "death spiral financing". YA knows what they are doing and they are masters at it. Ask anyone about YA in the finance industry and they will say we are screwed if YA has its hooks in us. Prior NEOM management screwed us over and this is what we have to deal with. There is no good spin to dealing with YA. Sure, they have kept the doors open, but if way back to Chas, they had been smart and used a real VC or banking institution for funding, we would not be in this mess. Dont let anyone tell you otherwise, we are in a mess and if the shareholders make it out alive, it will only be by the good graces of YA.

GULP..........