InvestorsHub Logo
Followers 0
Posts 190
Boards Moderated 0
Alias Born 06/01/2005

Re: lesnshawn post# 43457

Tuesday, 11/08/2005 12:15:35 PM

Tuesday, November 08, 2005 12:15:35 PM

Post# of 326352
Thanks for the post. Your timeframe when reading your post did not sink in. It is what is in the 2nd of your links that I find troubling, in the recent amendment.

Following the
acquisition of BSD (assuming a NeoMedia stock price at the effective time of the
merger of $0.357, which was the volume-weighted average price of NeoMedia's
stock for the five days preceding October 24, 2005), if NeoMedia sold to Cornell
Capital Partners, LP the remainder of the 200,000,000 shares previously
registered under its Standby Equity Distribution Agreement, and if all options
and warrants were exercised, NeoMedia would have up to 689,838,179 shares
outstanding.

I hope it does not happen...