InvestorsHub Logo
icon url

Poptech

09/09/11 8:57 PM

#234606 RE: streetstylz #234600

street: I know that. The difference now is that YA lost half its assets since then and NeoMedia has stated that YA has only committed to funding through 2011.

This is a PIPE, they have to exit because they are essentially borrowing the money they are lending. It will finally become due and YA will no other option. They can't delay the ineviatble forever. If they can't take a profit, they have to take the tax loss.

You can't complain about YA funding and not wish the end is near. Take your choice.