Replies to post #212718 on NeoMedia Technologies, Inc (NEOM)

[Poptech]

Green: I don't think anyone said the Board did not have the right grant YA a voting share in order to prevent bankruptcy. Let's face it, if the Board did not meet YA's demands, they had few other options. This is the new age of finance post-bailout where those with very little capital can take a majority stake. It is happening everywhere in the private markets

YA did not need the 52% of the vote - in fact, they needed less than 300 million commons to carry the majority. If you take those 300M shares and divide it by the $2.5M YA spent to influence the vote, they spent $120.00 per share. Fair?

So, our society appears to be safe.