Replies to post #47022 on NeoMedia Technologies, Inc (NEOM)

[success622]

brewskih, actually,
it states NEOM will get $10 million from that (remember the exercise price); and that NEOM can choose to force Cornell to exercise any time over the next 3 years.

Also, the reason we've been discussing/aware of this since March, is March 30 was when NEOM and Cornell signed the 2005 SEDA, and we were fully aware of all of the details for the SEDA and the warrants at that time.

(Where you state they will be "sellers" of the stock; that is true by definition. The filing doesn't state when that would be, so you are making an assumption it seems, on the timing, as I can't find anything that states this specifically.