street: For most of that period NeoMedia was borrowing faster than YA could convert.
Without a reverse split, NeoMedia cannot pay off YA. That is the bottom line.
I understand everyone wants to shut down NeoMedia and I think they will be successful in doing so. As I pointed out in my first post on the proxy, this may be exactly what YA wants. Option #6 was the first clue and Laura has confirmed it was a fake choice.
Laura's letter makes it clear that she believes her leadership has been nothing short of brilliant and the downfall of the company will be blamed on investors.
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