NeoMedia Technologies, Inc (NEOM)

[Poptech]

seth: If YA had not restructured, NeoMedia would have defaulted. Yes, there is some significant downside but the imminent threat is removed.

This also clearly signals that YA could care less about the SEC suit. NeoMedia is the poster child for the SEC allegation of carrying the loans too long. That suggests that if NeoMedia had to go back to the trough, they may be able to do so.