Wednesday, October 29, 2014 8:48:28 PM
If the price per share rises, Neomedia still gets the above same amount of eliminated debt from the books (no cash).
If the price rises YA gets the chance to cash-in (thanks to common shareholder purchases) by selling in the market what they convert at 0.0001 at whatever higher price, but no gain for Neomedia, the company gets nothing but the conversion price which stays low for the duration of the "lookback period" which is long enough to guarantee it does not go up. (YA has all their ducks in a row to take no risk)
The only risk YA takes is not finding enough naive people to buy their shares.
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