InvestorsHub Logo

jonesieatl

07/28/09 6:32 AM

#181050 RE: lesnshawn #181046

The writer of that report has an apples/oranges problem ...

... he is comparing recent OS with previous fully diluted.

As you will recall, in the quarterly report for 1Q08 NeoMedia reported a fully diluted share count of close to what the writer says. The actual number in the 10Q was 9,617,290,165, why the writer couldn't quite get that right is unclear.

http://www.sec.gov/Archives/edgar/data/1022701/000114420408029387/v114084_10q.htm

The writer appears to have made a silly mistake, or is improperly trying to convey the positive impression that NeoMedia has dramatically reduced its outstanding share count over the past year.

Either option supports your hypothesis.

jonesie