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Arpvrp

12/03/09 1:20 PM

#200440 RE: Arpvrp #200433

Looks as though somebody is making a push (wonder who) for the pps to close around .0115 Hmmm If only we could be privy to YA's trading history - I've always suspected YA of sacrificing 1k here 1k there to lower the pps in order to reset their conversion rate - Why isn't that illegal? Total B.S. eom
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clawmann

12/04/09 7:31 AM

#200557 RE: Arpvrp #200433

Actually, YA's potential conversion number would be maximized if the closing bid were .0106. This would allow them to convert during the 30 days following that closing bid almost exactly at par. Hence maximizing the number of shares they could get on a conversion. Of course, they (and Neomedia) still have the issue as to whether YA's right to convert the Series C expired in February this year.

(Yesterday's closing bid was, I think, .0114).