InvestorsHub Logo

jacksira

04/18/16 12:38 PM

#316825 RE: lesnshawn #316824

They went dark hoping to be under the radar of the SEC these crooks should all be in jail and the company dissolved. Hopefully all this happens. I would sure like to see her bank account how large is it at the expense of us shareholders. What did you do to deserve this type of salary anyways?

Poptech

04/18/16 1:30 PM

#316826 RE: lesnshawn #316824

lesn: In May, NeoMedia would need to take an additional step to cancel the shares. They can do it a number of ways: announce a settlement with YA, announce a dissolution, execute a dissolution, or ask FINRA to stop trading.
Given the timing of the filing, we are certainly assuming NeoMedia is going out of business. On a default, they would no longer own any assets including technology, patents, and cash.
For all intents and purposes, the shares are worthless.

Poptech

04/18/16 1:30 PM

#316827 RE: lesnshawn #316824