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Re: MasterBlastr post# 14991

Thursday, 02/21/2013 6:21:45 PM

Thursday, February 21, 2013 6:21:45 PM

Post# of 24405
Take a look at the description on your link in Table II:
http://files.shareholder.com/downloads/YRCW/0x0xS1209191-11-51413/716006/filing.pdf

Let me know what type of security it is. Sure looks like the Series A Convertible Notes huh?

From 10k:

""On July 22, 2011, we issued $140.0 million in aggregate principal of our Series A Convertible Senior Secured Notes ("Series A Notes") that bear interest at a stated rate of 10% per year and mature on March 31, 2015. Interest is payable on a semiannual basis in arrears only in-kind through the issuance of additional Series A Notes. As of December 31, 2012 and 2011, there was $161.2 million and $146.3 million in aggregate principal amount of Series A Notes outstanding, after giving effect to the payment in-kind of interest on the Series A Notes.

The Series A Notes are convertible into our common stock beginning July 22, 2013. After such time, subject to certain limitations on conversion and issuance of shares, holders may convert any outstanding Series A Notes into shares of our common stock at the conversion price per share of approximately $34.0059 and a conversion rate of 29.4067 common shares per $1,000 of the Series A Notes. See "Conversions" section below for additional details regarding conversions on our Series A Notes."