NeoMedia Technologies, Inc (NEOM)

[RisknReturn]

Diarch- just my opinion but I think the split will need to be either a 1,000 for 1 with no change in authorized shares, or a 100 for 1 split with an increase in authorized shares from 5 billion to 25 or 50 billion.

Proxy statements, audits and shareholder meeting are expensive and my guess is that YA will need to loan the money to pay for all those fees. If that is the case, then YA will make sure it has a very long runway (enough authorized shares) to sell more than 25 billion conversion shares.

I keep using the 25 billion as a conservative estimate but if my honest expectations of $45 million of death spiral convertible securities is accurate, then that 25 billion estimate would be more in the range of 40 billion based on last weeks low trading prices.