NeoMedia Technologies, Inc (NEOM)

[losmashrt]

YA paid to Neomedia $100.00 each for 25000 shares of series D stock for a total of 2.5 million dollars. That buys YA Beneficial ownership in a maximum of 250,000,000 shares of common stock at par value .01 per share. Until par is reduced YA simply does not own beneficial ownership in 2.5 billion shares. Neomedia can't sell or issue at .001 until par is reduced to .001. I think YA and Neomedia screwed up! [When they said each share of series D would convert to 100,000 shares or votes at par .01 they are wrong. That would be claiming beneficial ownership based on par of .001 before the vote. I believe they simply screwed up.