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yellowjacket

12/08/09 10:54 AM

#201410 RE: neomfriend #201407

Old post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43681313
Updated conversion calculation:
A/S 5 B shares
O/S 2.276 B shares (estimated)
Remaining unissued shares: 2.724 B shares
Face Amount owed YA--Series C shares & Debentures: $34.855MM (estimated)
PPS that would allow YA to obtain *all* remaining unissued shares? $.0128
($34,855,000 divided by 2,724,000,000 shares=$.0128)
Max. YA NEOM ownership percent: 54.5%
Will they, or won't they give 65 notice & convert? YJ. P.S. Amazing how the pps keeps reverting back near this level.