Since we are a major holder in PUPS can we not sell our stake and use the money elsewhere? At .03 that would net us $840,000....I know we can use that.
I see an SEC filing that NEOM made on 3/3/06 indicating that, as of 2/17/06, NEOM then owned 28,333,333 common shares of PUPS and that PUPS owed NEOM a debt of $1,365,000 (the footnote says the $1,365,000 figure "represents face value of notes payable from issuer to Neomedia").
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