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Re: Dan10 post# 57164

Friday, 01/27/2012 11:14:59 PM

Friday, January 27, 2012 11:14:59 PM

Post# of 94541
Didnt the latest 8K say that current investors in Illume will be able to convert Illume shares to opmg shares, and will have warrants to buy more opmg shares? (See quote below). This implies our opmg shares remain unchanged, except in value, and we keep what we own. Right??

"
Pursuant to the terms of the Merger Agreement, Merger Sub will merge with and into Illume and Illume will become a wholly owned subsidiary of the Company (the "Merger") and the former securityholders of Illume will receive in exchange for their security holdings in a combination of Illume Series I Preferred Stock (which shall be automatically convertible into shares of the Company's Common Stock upon the filing of Articles of Amendment to the Articles of Incorporation of the Company increasing the number of authorized Common Stock of the Company); Warrants to Purchase shares of the Company's Common Stock, and Stock Rights to acquire additional shares of the Company's Common Stock without the payment of any additional consideration upon the issuance by the Company of Common Stock upon the exercise, exchange or conversion of currently outstanding derivative securities.
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