Finjan Holdings Inc (FNJN)

[Det_Robert_Thorne]

Expect 8-K to be filed after Friday close

As the volume this week was likely caused by the conversion of notes to shares by Iroquois, we'll be seeing an 8-K filed to show the amount of debt reduction and the new number of outstanding shares.

Since July 27, 2012 COIN has issued six 8-K filings announcing the new number of outstanding shares, and all have been issued on a Friday, right at the close of trading.

I expect we'll see one tomorrow.

I hope you all took your gains this week in the $0.20s, as the odds are we won't see those prices again until next month, when Iroquois starts to convert the next $237K.

Of course, with the dilution, you may be able to accumulate again at $0.001 or slightly lower, though with enough new shares, hitting $0.0029 will be tough, so you might want to look to sell at 0.0023 - $0.0025 next time. Depends on the low, however.

BTW, in a post a couple of days ago, I stated it would be filed today (Thursday) or tomorrow, but I forgot to check the pattern of the last releases, so was wrong about today.