NeoMedia Technologies, Inc (NEOM)

[codes4real]

8k filed

Sooooo, we're borrowing every 2 weeks now???

On July 13, 2011, NeoMedia Technologies, Inc., a Delaware corporation (the “ Company ”), issued and sold a secured convertible debenture in the amount of $450,000 (the “ July Debenture ”) to YA Global Investments, L.P. (the “ Buyer ”), a copy of which is attached hereto as Exhibit 10.1 and incorporated by reference herein. The July Debenture was issued in accordance with the provisions of that certain Agreement (the “ Agreement ”) between the Company and the Buyer dated June 28, 2011, which is incorporated by reference herein and attached by reference hereto as Exhibit 10.2 . Pursuant to the Agreement, the Company agreed to issue and sell to the Buyer three secured convertible debentures (collectively, the “ Debentures ”) that, combined, will have an aggregate principal amount of $1,050,000 upon their issuance. Regarding each of the individual Debentures, the Company agreed to issue and sell (i) a secured convertible debenture in the amount of $250,000 (the “ June Debenture ”) which the Buyer purchased and the Company issued on June 28, 2011, which is incorporated by reference herein and attached by reference hereto as Exhibit 10.3 , (ii) the July Debenture, and (iii) a secured convertible debenture in the amount of $350,000 which the Company agreed to issue, subject to the Buyer’s sole discretion to purchase and subject to the satisfaction of certain closing conditions, on or before August 15, 2011.


http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=8047670-3460-8370&type=sect&TabIndex=2&companyid=4115&ppu=%252fdefault.aspx%253fcik%253d1022701