Replies to post #149460 on NeoMedia Technologies, Inc (NEOM)

[beam11]

"On an as converted" or "as if they have been converted, whether or not all of the preferred has been converted? Two totally different points of issue.

[krays]

Companys calculations on total voting shares.

3,230,944,960

Current outstanding = 1,300,244,960
Series C preferred = 19,307 - face value of 19,307,000 divided by current par value of .01 = 1,930,700,000

1,300,244,960
1,930,700,000
3,230,944,960 = company's statement of voting shares,= YA controls the vote, period.

If they keep converting at 150mm/qtr using series C and .01 par they would loose control in the not too distant future but at .0001 par value they will have 100 times the voting shares.





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