Periodic rate reset security with a conversion feature

Details Periodic rate reset security with a conversion feature Periodic rate reset security with a conversion feature

2007-08-03

2009-10-27

Cheung, Mary (Department: 3694)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

Reexamination Certificate

active

07610232

ABSTRACT:
A computer implemented method for an issuer of a periodic rate reset security with a conversion feature (PRRSC), other than a traditional convertible security issuer, to issue a PRRSC including the steps of designating the PRRSC as one of an equity or a debt instrument; designating an underlying security associated with the PRRSC; setting a conversion price and a conversion ratio for the PRRSC; designating a period for setting a periodic rate associated with the PRRSC; determining a value of the periodic rate in a market environment; and issuing the PRRSC, wherein conversion of the periodic rate reset security is non-dilutive to the net asset value and earnings per share of the underlying security of the PRRSC Issuer.

REFERENCES:
patent: 5857176 (1999-01-01), Ginsberg
patent: 6070151 (2000-05-01), Frankel
patent: 6233566 (2001-05-01), Levine et al.
patent: 6418419 (2002-07-01), Nieboer et al.
patent: 6466919 (2002-10-01), Walker et al.
patent: 6505174 (2003-01-01), Keiser et al.
patent: 6629082 (2003-09-01), Hambrecht et al.
patent: 2005/0004854 (2005-01-01), Jones et al.
patent: 2005/0021435 (2005-01-01), Hakanoglu et al.
Methods and Systems for offering and servicing financial instruments. Merrill Lynch & Co. Inc. Aug. 10, 2001.
A comparision of the earnings capitalization and the excess earnings models in the valuation of closelyheld business. Journal of Small Business Management, v34, n1, p. 1(12). Jan. 1996.

Affiliated with

Also associated with

Rating

Periodic rate reset security with a conversion feature does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Periodic rate reset security with a conversion feature, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Periodic rate reset security with a conversion feature will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-4084815