NeoMedia Technologies, Inc (NEOM)

[RisknReturn]

Your statement

The continuous predictions for bankruptcy now have no basis for reasonable discussion.

Bankruptcy is hardly a far-fetched notion when NEOM just published a proxy statement that said bankruptcy is probable if Proposal #5 or #6 are not approved.

And then you go on to state

The conversion benefit to NeoMedia increases significantly so that 70 million shares will pay off YA on conversion date.

But that is based on an assumption that PPS will never decline while YA is converting and selling those 70 million post-split shares. Of course that is an extremely unlikely scenario when we have all just seen a 99.9% decline in PPS over a very short period of time. And the reality of selling 70 million shares based on current trading volumes is that it would take YA more than 23 years to convert and sell that many post-split shares.