Replies to post #148204 on NeoMedia Technologies, Inc (NEOM)

[clawmann]

Because YA would obviously benefit from a lower Maximum Exercise Price.

E.g, if the 30-day low price were to go to 5 cents a share: under the old formula, the exercise price would be 97% of 5 cents (or 4.85 cents a share), but under the new formula, they can convert at 2 cents a share (a discount of 60%, not 3%).

So under the new formula, they are now positioned to get a lot of heavily discounted shares if the price goes over 2 cents a share.

They don't call it a "hedge" fund for nothing.