Replies to post #197467 on NeoMedia Technologies, Inc (NEOM)

[yellowjacket]

"The Series C convertible preferred stock is currently classified outside of Shareholders’ Equity in the mezzanine section of our balance sheet. The change in estimate in the number of shares converted resulted in a reduction in the preferred stock outstanding of approximately $5.6 million, and a corresponding reduction in the accumulated deficit of $3.0 million related to the deemed dividends, and $2.6 million recorded as an increase to additional paid in capital." That $2.6MM should be $8.6MM IMO...it's a typo. The 10-Qs for the change in P-in-C. YJ.

[clawmann]

YJ: bingo.