Sunday, July 01, 2012 7:36:47 PM
As for the connection of Converted Organics to Vringo, they invested in IP, and when the merger goes through with Vringo the shares
of Innovate/Protect owned by Converted Organics Inc. will be converted into 452,640 shares of common stock of Vringo, as well as approximately 181,000 warrants to purchase shares of Vringo common stock at an exercise price of $1.76 per share (subject to adjustment).
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a1V1N4xIpQ6s
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