Replies to post #214543 on NeoMedia Technologies, Inc (NEOM)

[Poptech]

King:

As Claw posted, "The corporation may play different roles in a derivative suit. It may be an active party in the litigation, be entirely passive, or side with the individual defendants and argue that their conduct did not harm the corporation."

It seems the gamble is NeoMedia will be entirely passive.

We can be sure of that if NeoMedia doesn't get any more YA funding.

[King Harry]

I really don't think it's in Neom's best interest to let the lawsuit slow them down at this point. The final verdict with the lawsuit won't be decided right away anyway, so in the meantime, let's see what happens...