Well, I took a small position here this afternoon 
Trying to read through some financials.... Have they scheduled this shareholder meeting yet?
Dave
In accordance with applicable rules of The Nasdaq Global Market, the Second Amended and Restated Convertible Notes and the New Warrants contain a cap on the exercise of conversion or exercise rights, such that no more than an aggregate of 19.9% of the Company’s outstanding shares may be issued pursuant to conversions of the amended and restated convertible notes or exercises of the warrants until the stockholder approval required by The Nasdaq Global Market has been obtained. The Company has agreed to solicit the requisite stockholder approval for the issuance of the shares pursuant to the Second Amended and Restated Convertibles Notes and the New Warrants at a special meeting of stockholders to be held not later than August 15, 2008.
Trying to read through some financials.... Have they scheduled this shareholder meeting yet?
Dave
In accordance with applicable rules of The Nasdaq Global Market, the Second Amended and Restated Convertible Notes and the New Warrants contain a cap on the exercise of conversion or exercise rights, such that no more than an aggregate of 19.9% of the Company’s outstanding shares may be issued pursuant to conversions of the amended and restated convertible notes or exercises of the warrants until the stockholder approval required by The Nasdaq Global Market has been obtained. The Company has agreed to solicit the requisite stockholder approval for the issuance of the shares pursuant to the Second Amended and Restated Convertibles Notes and the New Warrants at a special meeting of stockholders to be held not later than August 15, 2008.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
