Tuesday, December 08, 2009 4:48:22 PM
1jk1, then why is the stock price nearing 1 cent? There is NO lack of excellent developments concerning 2d codes. But no reflection of same whatsoever in the stock price.
I will look further into other lawsuits filed against Yorkville Advisors. Sometimes it is a small hole in the dam that begins the process of the dam bursting wide open to expose rampant fraud. I put absolutely no credence in your assertion Cobalis is an anomaly.
The managements of many of the companies YA is invested in keep their mouths shut. It is a joke to hear NeoMedia's CEO and its CFO state at the last conference call that they are for a strong share price but then admit that when the share price increases, NeoMedia's debt increases. Shareholders have a debt holder that has forced upon NeoMedia derivatives worded such that shareholders are penalized when the stock price increases!
Remember, companies that seek Yorkville Advisors financing are beggars. No one else would lend them money and they are forced to accept toxic debentures and Yorkville Advisors is the Top Clown of toxic debentures. Given the position of a beggar, management is unlikely to speak out against any misconduct by YA for fear of having financing pulled. NeoMedia's management always submitted to YA's demands and management justified same as "inducement" to YA's further financing!
The pps is going subpenny and should stay there until significant revenues or a buy offer is announced. Even upon a significant revenue PR Yorkville Advisors will be ready to unload 100+ million shares!
I will look further into other lawsuits filed against Yorkville Advisors. Sometimes it is a small hole in the dam that begins the process of the dam bursting wide open to expose rampant fraud. I put absolutely no credence in your assertion Cobalis is an anomaly.
The managements of many of the companies YA is invested in keep their mouths shut. It is a joke to hear NeoMedia's CEO and its CFO state at the last conference call that they are for a strong share price but then admit that when the share price increases, NeoMedia's debt increases. Shareholders have a debt holder that has forced upon NeoMedia derivatives worded such that shareholders are penalized when the stock price increases!
Remember, companies that seek Yorkville Advisors financing are beggars. No one else would lend them money and they are forced to accept toxic debentures and Yorkville Advisors is the Top Clown of toxic debentures. Given the position of a beggar, management is unlikely to speak out against any misconduct by YA for fear of having financing pulled. NeoMedia's management always submitted to YA's demands and management justified same as "inducement" to YA's further financing!
The pps is going subpenny and should stay there until significant revenues or a buy offer is announced. Even upon a significant revenue PR Yorkville Advisors will be ready to unload 100+ million shares!
