COBALIS was forced into involuntary bankruptcy by Yorkville Advisors in violation of Cobalis' right to cure a default. Don't think YA wouldn't do the same to NeoMedia shareholders. Yorkville Advisors had a fiduciary duty to Cobalis yet still incredibly was stupid enough to ignore its fiduciary duty. YA has no fiduciary duty to NeoMedia which makes YA even more of a threat to shareholders, especially if it is engaging in criminal activity regarding NEOM share price, which I believe it is.
One need only look at the blatant manipulation of NEOM stock price and the averment of stock price manipulation in the Cobalis Complaint to know that if YA did it to Cobalis, YA is doing the same to NeoMedia.
I have first hand experience of the manipulation of NEOM downwards. A while back, I was placing bids just below the ask of .0155 to keep the spread tight and trades were executing at my bids of .0154 and .0153 when AUTO came in and dropped the ask to .015 and continued dropping the ask. That is blatant stock price manipulation!
It is great news for NEOM shareholders that Yorkville Advisors is being tried in Court. Many shareholders have long known Yorkville Advisors has violated its 4.99% limit on ownership of common stock and is involved with manipulating the share price.
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