Replies to post #148259 on NeoMedia Technologies, Inc (NEOM)

[clawmann]

One more thought to add to my previous post:

Under the SEDA deals, Neom mangaement had control over the decision to "put" shares to YA/Cornell. Under the convertible preferred YA/Cornell has control over the decision to call for shares from Neom.

What a horrible price we have paid (literally) for the events and decisions of early 2006.

As BE indicated in some of his recent posts, the then-managers at Neom were so blinded by their supercompany vision that they just did not pay attention to the fine print or consider the possible negative consequnces of their actions.

[krays]

clawman, IMO your post is pretty much on the money. If we could get Jonsie to annotate a chart showing conversion dates with verticle lines and conversion prices with horizontal lines the picture gets pretty clear as to what YA has done and when. (Would do that myself but lack the skill to post a well annotated chart). Ultimatly though IMO, it will come down to what is this company actually worth vs market valuation as to potential ROI. YA can manipulate the pps but management is responsible for determining that value.
Regards,