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junior57

08/17/13 2:33 PM

#293367 RE: rufio #293363

Pop,
Although tempted to change my vote, the fact that we are reversing by 1700, and they are looking, again, for 5 billion shares to play with makes one really question their motives.
I am surprised that the board does not negotiate with YA to allow Neomedia to sell shares into the market to pay down debt like so many companies do
However, this is a previllage they belongs only to YA, so they can turn Neomedia into their personal cash machine.
That alone should show the intentions of these financiers.
Now, if the future of the company is bright, as Laura suggests, I also find it difficult to believe that YA will sink the boat now that the real money will be coming in.
They stand to loose more that we, retail investors.
Do they not own 5% of the shares? Or is it 9.99%?

Junior