INSANITY R / S TO HAPPEN & AN IMMEDIATE DILUTION TO TAKE PLACE TO RAISE CAPITOL. ...IMO ...IS ON TABLE. ..THAT $1 PRICE. ...HOW LONG WILL IT LAST.....
IT COULD BE MORE THAN 5B SSHARES NEXT TIME DILUTED
And, stating that an R/S proposal (want) and increase in A/S (contingency) as being "foolish intentions" by the company being in the limited option position they are at the hands and direction of YA and past, legal, loan agreements w/ them, begs the question...
What you do in their situation?
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Would anybody else here NOT do as YA requires by either, 1) instituting an R/S or, 2) increasing the A/S, thereby meeting the company's legal obligation to YA to provide the share structure in which they can satisfy their "need" to get paid if NeoMedia cannot pay them off in cash?
And would anybody else here NOT do it in a way to more than satisfy the need in shares to do this again OR reaching the point of attaining positive quarterly operating income along w/ having the ability to reach the more stringent pps requirements that some BIF's are known to have ($1.00/share) before they will invest?