Finjan Holdings Inc (FNJN)

[SyNaPzE]

COIN - the new monthly CD's can't be converted for six months as per the 8k on 1/3/2012.

Other Covenants in Purchase Agreement

In the Purchase Agreement, we have agree to, among other things, (i) not issue any securities for a period of six months from the date of the final issuance of Notes pursuant to the Purchase Agreement, (ii) not to enter into a variable rate transaction at any time while the Notes or Warrants are outstanding, and (iii) for a period of one year from the date of the final issuance of Notes pursuant to the Purchase Agreement to allow the Buyer to participate in future financing transactions.

Since the monthlies were not issued until early march, that gives us approx a 9/1/2012 exercise date.