NeoMedia Technologies, Inc (NEOM)

[RisknReturn]

Lesn, you are simply ignoring the facts that are shown clearly in the Form 10-Q authored by NEOM's executive management team. As of 9/30/13, NEOM has current liabilities of $118 million and total assets of $6 million (rounding up).

I think you need to "gimme a break" because that is well beyond hopelessly insolvent- I was being kind in my choice of words. All the charts in the world can't change the fact of NEOM's insolvency.

As for your question about why YA has not pulled the plug and forced BK, my guess is that YA has figured out that there is not enough value remaining after BK to make it worth anyone's time and effort.

The value of NEOM to YA was always in the death spiral dilution structure; in other words, its ability to convert debentures at a price lower than retail investors were willing to pay for their shares. What a sweet deal YA had for so many years at the expense of retail investors.