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Re: janice shell post# 164453

Saturday, 06/19/2010 5:20:25 PM

Saturday, June 19, 2010 5:20:25 PM

Post# of 169275
http://pipes.dealflowmedia.com/pipes_glossary.cfm#alphaR



threshold-based redemption rights. Threshold-based redemption rights let investors require the issuer to redeem an investment if certain thresholds are not achieved or maintained (e.g., financial covenants, or a specified minimum for the market price of the issuer’s common stock). See also investor redemption rights.


reset pricing. The purchase price of the common stock or the conversion price of a convertible security is set either (i) at closing or (ii) on a specified date after closing and is subject to adjustment (downward or upward) based on various criteria that can include fundamental performance (operational reset), a specified event (event-driven reset), or the stock price of the issuer at a given point in time after closing (threshold price reset.)

I always check the facts before I type anything....others should try that it dosen't make them look like an ass. IMO

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