NeoMedia Technologies, Inc (NEOM)

[Poptech]

Pushin: Those warrants gave NeoMedia the right to sell shares to YA for no less than fifteen cents per share. Instead, YA negotiated to move that $0.15 to $.0001 for the remaining shares. The warrants that were worthless became YA's most valuable NeoMedia asset with a pen stroke.

It also added another 500M in-the-money shares available for conversion.