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losmashrt

01/17/10 9:32 PM

#206904 RE: lesnshawn #206881

Les, If they would take out the reduction of par to .001 and take out the 5 billion authorized shares and only do a reverse split to try and eventually get listed on Nasdaq, my fear of YA's intentions would be lessened. I once thought that YA would take a strong position of common shares and redo any remaining debt instruments, if any, to some form of non-dilutive instruments to prove to the investment community that dilution of this was over and then pull for this stock to run along with the rest of us. To simple and naive, I guess. This 8K only guarantees to the investment community that YA has only strengthened their ability to continue to dilute if they so choose with apparantly no end. With YA's reputation as a diluter, I don't think big investors will get interested. Even with YA in, something that showed a written clearcut exit strategy for Neomedia from YA's dilution would help I believe this 8K shows no such exit strategy. Think about this. We are forced to rely on the investment community to get interested to improve our conditions with YA. I believe it has to work the opposite way. Our conditions with YA must be improved before the investment community will get interested. To achieve any shareholder success it seems our CEO and BOD with YA are sort of driving this vehicle backwards especially if they care at all about our investment interests in this. LOS
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edc

01/17/10 11:53 PM

#206924 RE: lesnshawn #206881

Les I wonder how YA came up with 225,000,000 figure for the warrants. It's not a very round figure and I don't think it's a random number. It might be a trivial question,but it may also shed light on their thinking. That would be scary.
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neomfriend

01/19/10 12:38 PM

#207099 RE: lesnshawn #206881

Nice two posts that I just had the opportunity to read.

Thanks for a 'real' breakdown with detail from your perspective.

I believe all interested parties were required to have submitted their proposals for being the CLEARINGHOUSE on 9/30/09. Therefore, it seems a decision should be just around the corner.

And I hope you're right, that this has given Neustar and Neomedia time to start lining up potential contracts, while waiting for the word GO, and that their will be substantial money along with them.

Good perspective on the warrants as well.