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These excerpts taken from the BORL 10-K filed Mar 7, 2008. Registration
Rights
Under the terms of the Convertible Senior Notes, we filed a
shelf registration statement regarding the Convertible Senior
Notes with the SEC on December 3, 2007. The shelf
registration statement was declared effective by the SEC on
February 8, 2008. We must keep the shelf registration
statement effective until February 6, 2009 or such earlier
date as all shares issued upon conversion of the Convertible
Senior Notes are sold. If we fail to meet these terms, we will
be required to pay additional interest on the Convertible Senior
Notes in the amount of 0.25% for the first 90 days after
the occurrence of the failure to meet a term and 0.50%
thereafter.
Shares of common stock reserved for future issuance at
December 31, 2007 are as follows:
Registration Rights Under the terms of the Convertible Senior Notes, we filed a shelf registration statement regarding the Convertible Senior Notes with the SEC on December 3, 2007. The shelf registration statement was declared effective by the SEC on February 8, 2008. We must keep the shelf registration statement effective until February 6, 2009 or such earlier date as all shares issued upon conversion of the Convertible Senior Notes are sold. If we fail to meet these terms, we will be required to pay additional interest on the Convertible Senior Notes in the amount of 0.25% for the first 90 days after the occurrence of the failure to meet a term and 0.50% thereafter.
Shares of common stock reserved for future issuance at December 31, 2007 are as follows:
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