Replies to post #250854 on NeoMedia Technologies, Inc (NEOM)

[Poptech]

cj: You know as well as I do that he is not a 25% owner unless you actually believe YA hasn't converted since November.

And, yes he does have to file a Form 4 for all his buys.

Here are the rules:

http://taft.law.uc.edu/CCL/34Act/sec16.html
http://taft.law.uc.edu/CCL/SOact/sec403.html
http://www.sec.gov/about/forms/form4data.pdf

Every person who is directly or indirectly the beneficial owner of more than 10 percent of any class of any equity security (other than an exempted security) which is registered pursuant to section 12, or who is a director or an officer of the issuer of such security, shall file the statements required by this subsection with the Commission (and, if such security is registered on a national securities exchange, also with the exchange).

16 (a) (i) "(1) Directors, officers, and principal stockholders required to file.-- Every person who is directly or indirectly the beneficial owner of more than 10 percent of any class of any equity security (other than an exempted security) which is registered pursuant to section 12, or who is a director or an officer of the issuer of such security, shall file the statements required by this subsection with the Commission (and, if such security is registered on a national securities exchange, also with the exchange).

4. Transactions and Holdings Required To Be Reported
(a) General Requirements
(i) Report, in accordance with Rule 16a-3(g):
(1) all transactions not exempt from §16(b);

3 (a) (iii) Persons reporting pursuant to Section 30(h) of the Investment Company Act of 1940 must report each transaction
resulting in a change in beneficial ownership of any class of securities (equity or debt) of the registered closedend investment company (other than “short-term paper” as defined in Section 2(a)(38) of the Investment Company Act) and the beneficial ownership of that class of securities following the reported transaction(s).