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jonesieatl

08/14/08 6:28 PM

#147401 RE: jonesieatl #147397

Fully Diluted

Well, Neomedia may have learned their lesson after putting in
that 9.6 billion 'fully diluted' number in the 1Q08 10-Q ... I
can't seem to find the new fully diluted number referenced in
this report exactly the same way.

But , without making it easy to find , they did put in a table
shown below , which basically says that a number I threw out
a while back was correct ... those numbers around 23-25
billion.

If you look at the bottom of this and see the Total , then add
in the 1.2Billion outstanding ... as of June 30 the 'fully
diluted' number was around 24.8 BILLION shares.

But that doesn't mean anything. Other than that's precisely
why YAGI has the Reverse Split language in the terms of the
most recent financing proposal. So YAGI can in fact realize
the FULL BENEFIT of the percentage of NEOM-ownership afforded
to them by all of those 'maybe-shares'.

jonesie

p.s. Sorry I haven't gone to the trouble to clean this up and
make it more of a table ... it just takes time. Just look at
the bottom number.

 The following table reflects the number of common shares 
into which the convertible instruments and warrants are
convertible or exercisable at June 30, 2008:


Common Stock
Warrants

Embedded Conversion
Feature

Total


Series C Convertible Preferred Stock

75,000,000

11,171,183,000

11,246,183,000

August 24, 2006 Debenture

175,000,000

3,333,333,000

3,508,333,000

December 29, 2006 Debenture

42,000,000

1,666,667,000

1,708,667,000

March 27, 2007 Debenture

125,000,000

4,972,434,000

5,097,434,000

August 24, 2007 Debenture

75,000,000

1,183,333,000

1,258,333,000

April 11, 2008 Debenture

-

169,565,000

169,565,000

May 16, 2008 Debenture

7,500,000

217,391,000

224,891,000

May 29, 2008 Debenture

50,000,000

343,478,000

393,478,000

Other warrants

17,471,000

-

17,471,000

Total

566,971,000

23,057,384,000

23,624,355,000