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Poptech

12/14/12 7:41 PM

#280991 RE: RisknReturn #280987

risk: Nice, a new formula. "YA picks the single day with the lowest price from the last 3 to 6 months..."

While there are no "single day" terms in the YA agreements, maybe you can explain the novelty of your math.

Would you mind writing that out it an actual "formula" that investors can use to determine conversion price?

Something like, (x+y)/cumulative share price *.95 would be very clear.