4 million on net deferred tax assets related to consecutive years of net losses which create uncertainty in the realization of those deferred tax assets; (2) the company made strategic decisions during the fourth quarter to discontinue, re-evaluate or de-emphasize certain product lines, resulting in an inventory write off of $952,000; and (3) the company determined that the sale of preferred stock in a private placement in the fourth quarter created a beneficial conversion feature
In addition to the basic conversion right that comes with Security Mutual's level term products, the new term product includes the option of adding an enhanced conversion feature
for an additional charge.
86 per share, with a contingent conversion feature
of an additional 25%.
For Federal income tax purposes, the debt's conversion feature
is ignored; interest accrues at the debt instrument's overall yield based on the stated interest rate and any OID.
Fiery System 8e features a Native Document Conversion feature
that enables the printing of Microsoft[R] Word, Excel[R], and PowerPoint[R] documents through the email client without a printer driver.
The loan has a conversion feature
to enable the developer to sell condo apartments at a later date.
The House Report states that, "For example, it is not expected that the provision will affect debt with a conversion feature
where the conversion price is significantly higher than the market price of the stock on the issue date of the debt.
Instead, the parent company's basis in the converted debentures is limited to the debentures' principal amount, and the excess of the value of the stock issued over this principal amount can be attributed to the conversion feature
of the debentures.
There is no conversion feature
, except in the event of a repayment default.
11 /PRNewswire-FirstCall/ -- DISH Network Corporation , the third largest pay-TV provider and digital television leader, today announced its award-winning ViP211(R) and ViP211k(R) DVR Conversion feature
will be available at the end of the month.
In similar fashion, APBO 14 (3-69), [paragraph]12, prevents an allocation of a debt issue price to a conversion feature
, while [paragraph]17 does allocate the issue price to the value of a detachable warrant.
Whether the issuer allocates any portion of the bond proceeds to equity in order to reflect the conversion feature