Replies to post #284282 on NeoMedia Technologies, Inc (NEOM)

[lucmariepierre]

It is a pity they can t sell them at 0.15
500 millions it is 75 millions dollars

Very useful for the company neom now

[Poptech]

crassus: "Forgive" was not in the press release I saw. Can you "forgive" a debt that is valued at $0? If your VISA has a $0 balance and they called to tell you they would forgive the entire debt, would you thank them?

I am not sure how adding another 500M shares available for dilution shows any slow down on dilution. That is the net affect of the warrant deal. I was struck by the effort to add to the potential number of convertible or exercised shares. Why? Currently, YA has more beneficial shares than the authorized shares allow. One reason to do it is to then sell the warrants to a third party.

Adding another year for dilution makes it nearly impossible to avoid a reverse split. A reverse split is YA's call, not NeoMedia's. Obviously, this is good for NeoMedia but not generally good for investors. For NeoMedia, every share converted has 100x (on 100:1) more pennies per share converted going to pay down debt. So, good for YA, good for NeoMedia. I have long posted that a reverse split is not in the cards. Yesterday changed that. Look for the language in the coming 8K.