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Post# of 326388
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Poptech

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Poptech

Re: JPetroInc post# 231696

Tuesday, 07/12/2011 10:28:21 AM

Tuesday, July 12, 2011 10:28:21 AM

Post# of 326388
JP: The lawsuit is about beneficial ownership, not rightful ownership. Rightful ownership in securities relates to settlement times in stock transfer transactions.

Yes, YA has been assigned almost all the patents (I believe with the exception of 3). However, NeoMedia is still the manager of that portfolio. YA would only have rights in the litigation of that IP.

YA management has no legal right to speak on the behalf of NeoMedia except as member of the executive team or the Board. In practice, NeoMedia's CEO has been the almost exclusive voice of NEOM.

“It ain’t so much the things we don’t know that get us into trouble. It’s the things we know that just ain’t so.” Henry Wheeler Shaw

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