IM holds 16,000,000 shares exercisable at .01. He has all the reasons in the world to sell the company at as high as a price as possible. The $200,000,000 cap is for his YA bonus.
Every $100,000,000 over the $200,000,000 boosts the share price by around $.05 assuming that NeoMedia has 2B shares outstanding.
At $200,000,000 NeoMedia is worth $.20 per share.
At $300,000,000 NeoMedia is worth $.25 per share.
At $400,000,000 NeoMedia is worth $.30 per share.
Now Mr McCready for the same sales prices will have in his pocket:
At $200m IM will have $5,000,000 plus $3,200,000 in shares.
At $300m IM will have $5,000,000 plus $4,000,000 in shares.
At $400m IM will have $5,000,000 plus $4,800,000 in shares.
Mr McCready has all the right incentives to get the share sale to be as high as possible and by Dec 2009.