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Re: Arpvrp post# 200433

Friday, 12/04/2009 7:31:25 AM

Friday, December 04, 2009 7:31:25 AM

Post# of 326354
Actually, YA's potential conversion number would be maximized if the closing bid were .0106. This would allow them to convert during the 30 days following that closing bid almost exactly at par. Hence maximizing the number of shares they could get on a conversion. Of course, they (and Neomedia) still have the issue as to whether YA's right to convert the Series C expired in February this year.

(Yesterday's closing bid was, I think, .0114).



Any legal analysis I post is not a formal legal opinion and may not be relied on by anyone for any purpose. If you want legal advice you can rely on, hire a lawyer.