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hangdog

10/30/09 11:32 PM

#194065 RE: Oldteck #194008

They have screwed shareholders over in way too many different companies. A symbiotic relationship existed between newsletters and the appearance of Cornell later changed name after other investors joined them. I think NeoMedia is one of the few survivors albeit at the expense of huge dilution.

I would not use the term brilliant. Opportunist is the word that I prefer. They go after vulnerable companies, write the deals to serve their interests, then put their own people in house to control what happens to maximize and protect their investment.

The question remains what will happen with the Yorkville board as offers come in. The board remains UNAPPROVED by a shareholder vote. Eventually these folks will have to answer to shareholders. Will they do it with a shareholder meeting or will they wait for the shareholders to force things to happen.

I DO NOT trust Yorkville and I DO NOT trust their appointed Board Member. So far they have not done anything to protect my interests. They only care about their bottom line. They will have to behave like Mother Theresa for the next four years to balance my perception of the previous four years.

Opportunistic is the adjective.