Replies to post #223639 on NeoMedia Technologies, Inc (NEOM)

[cloud3]

Yes, they do. It's Ye Olde Revolving Door at the SEC. Many, many eyeballs on them and much support in gov't (finally) to weed out these shenanigans. There have been some big names making the perp walk but from what I've heard and read, there are many, many more to come.

There's still a fraction of hope left in me that these guys will do the right thing for NEOM, ultimately. But by a fraction I mean 1/876th.

[Personalizit]

So you don't think Claw's lawsuit stands a chance? It appears to me that YA did more than forget to dot an i.

[vero]

jonesie, I always read your posts with much interest.
Is it not amazing how a "less than 9.99% owner" can give "23% ownership" to whomever they wish? and in exchange of 5% of what NEOM supposedly owes YA (the less than 9% owner)?

No shareholder's rights offering, no annual shareholder's meeting. no formal CEO, and they want to show themselves as not owning Neomedia in its totality. I would say that they are owners of Neomedia in a % close to 800%...sounds senseless but that is what the share structure of Neomedia says to me.

Clawmann's suit is hitting on the nail of this 800% owner that shows itself as a "less than 5% owner" before, and a "less than 9.99% owner" right now.

Vero