NeoMedia Technologies, Inc (NEOM)

[clawmann]

TVDirector:

I would not come down too hard on Chas. From the info I have, he is reported to have been opposed to the convertible preferred deal that gave Martin his spending spree cash and tanked the PPS.

And right after the deal was approved by the board in early 2006, Chas did the honorable thing and sold some of his shares. Of course, this was represented as being pursuant to a plan, and to finance his house, or some such hooey.