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Re: beam11 post# 155611

Wednesday, 03/04/2009 8:52:50 AM

Wednesday, March 04, 2009 8:52:50 AM

Post# of 326354
I asked the question simply because I didn't know the answer.

YA holds both debt (CD's) and equity (Series C) I know that NEOM can pay down or restructure debt but was not, and am still not, sure whether they can address the equity which as you know contains both embedded conversion features and has voting rights on an as converted basis.

I'm doing a little digging on my own to find the answer.
Thanks for the response.

"A man doesn't know what he knows until he knows what he doesn't know"