Neomedia does not consider folks as investors who buy stock in hopes of flipping it. Management has made it clear they really don't care about these folks, they're not going to forego anything why should they? That's obvious. YA has made it clear they don't care about these folks, and they're management anyway.
There aren't enough 'retail' buyers/owners of stock to collectively assert enough rights to outweigh the voting power YA has through all their convertible instruments.
YA actually invests in Neomedia for to make money, and they were always pretty good at it. I know what I always thought and I formed a board purely to point out all the companies (100's) Cornell/YA did it to and were doing it to. Finally the gameplan just became so incredibly repetitive and blatantly obvious that anyone could see it and steer clear of the carcasses or soon-to-be carcasses of YA's victim-companies.
Anyway, YA "invests" in NEOM, they put money directly into NEOM's coffers, directly into Laura's bank account, etc, so obviously NEOM will do whatever YA-the-investor wants whenever they have a choice, although in most circumstances Neomedia has no choices at all.
Now one might say that if enough 'retail' penny stock players for whatever reason exerted enough upward pressure to raise the price of the stock significantly, that could possibly help Neomedia/YA, and make those folks look more like "investors" and that Neomedia should care more about the penny stock players who thought they were actually "investing" in Neomedia.
But when's the last time any sustained upward pressure happened?
That would be when the great Tobin Smith touted it from .06 to .60, all he promised was a ten-bagger, that happened, and then he and his crowd bailed and it was all downhill ever since.
Folks have tried to average down, or get in cheap, with the intent of selling for profit, or to lower their losses, with emphasis on the word 'selling'. That's not "investing", that's just playing Vegas.
An "investor" pumps money directly into a company to aid that company in its growth.
Nobody here ever did that.
YA didn't even do THAT, their MO is to keep the primary victim alive so the secondary victims will bleed their money into it through the otcbb intravenous transfusion system.
I know that's all over-simplified, but it's accurate as far as it goes and it certainly discerns between a real investor, and a penny stock trader flipping per a plan, or between a real investor and someone placing smallish bets and hoping for a moon shot at which point in time they would cash out.
just my very humble opinions fwiw, probably about 33 shares of NEOM (2 cents)
jonesie
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