Replies to post #14854 on Finjan Holdings Inc (FNJN)

[Det_Robert_Thorne]

No reason to guess. We'll know in 4.5hrs

I don't know if they can just specify a number of shares/dollars they want to convert for a group of days, or have to work from the lowest bid each day they want to convert.

If it's the first, then we'll see a lot of shares because the conversion all occurred at about $0.0012. If it's the second case, then they could have done some conversions at, for example, $0.0012 on day 1, $0.0015 on day 2, $0.0019 on day 3, etc.

The 8-K will show the reduction in debt along with the total number of shares converted, so at least we'll see an average price.

If the average price is around $0.0012, then the former method applies, but if the average is better than $0.0015, then it's likely the latter case.