Replies to post #206826 on NeoMedia Technologies, Inc (NEOM)

[rickyaces]

I've seen this post before a few times.

'Sell price of 250 million (example figure only). Sell occurs and YA decides to convert all in lieu of cash (of which they can) - maxing A/S to 5 billion - leaving them with 4.977 billion shares.

Net result 250 mil / 5 bil = .05 a share
Common shareholders get 23 mil * .05 = $1,150,000.00
YA Global gets 4.977 bil * .05 = $248,850,000.00 '

I don't know who this person is, but they may want to consider doing some realistic accounting before spamming this post over Yahoo, Ihub, GoMo lol
It does more than make them look foolish, less perceptive people will believe what they write. That kind of thing can't be good for us.


GLTA