Patent ID: 7219079
Filing Date: 2007-05-15
Classification: G06Q

Abstract:
1. A method performed with respect to a stock company, shares of stock of the company trading at a price, the method further performed with respect to a holder of a financial instrument, the instrument having a market price, the method comprising the steps of: issuing the financial instrument indicative of a principal amount at maturity and receiving an issue price therefor; contractually agreeing, pursuant to the financial instrument, to repay said principal upon predetermined conditions and according to a predetermined term; contractually agreeing, pursuant to the financial instrument, to convert the instrument into a number of shares of stock of the company; contractually agreeing, pursuant to the financial instrument, to make a payment to the holder with respect to passage of a time interval in the event the market price of the instrument is in a predetermined relationship to an accreted value thereof, the accreted value defined as the issue price of the instrument plus an economic accrual of a portion of a difference between the issue price and the principal amount at maturity; and converting the instrument upon request into shares of stock of the company, based upon said conditions of the contractual agreement to repay, of the contractual agreement to convert, and the contractual agreement to make payment.