From ec47b7475a3e7641ace852fb93ed91c6330e3edd Mon Sep 17 00:00:00 2001
From: meng wong <mengwong@pobox.com>
Date: Sat, 29 Oct 2016 19:19:55 -0400
Subject: [PATCH] countables vs uncountables

see https://github.com/legalese/legalese.com/issues/236
---
 templates/jfdi.asia/preemptive_waiver.xml | 2 +-
 1 file changed, 1 insertion(+), 1 deletion(-)

diff --git a/templates/jfdi.asia/preemptive_waiver.xml b/templates/jfdi.asia/preemptive_waiver.xml
index b9469b32..4896d1ed 100644
--- a/templates/jfdi.asia/preemptive_waiver.xml
+++ b/templates/jfdi.asia/preemptive_waiver.xml
@@ -48,7 +48,7 @@
 ?>
 <? xmLog("preemptive_waiver: percentage=%s; pro_rata=%s",percentage, pro_rata); ?>
 Given that you presently hold <?= digitCommas_(numerator,0) ?> out of <?= digitCommas_(denominator,0) ?> shares eligible for pro-rata calculations (which is to say, fully-diluted, as-if-converted shares, excluding issued but unvested ESOP shares, and excluding the ESOP pool previously authorized and reserved, but not yet issued), you have the right to subscribe for up to <?= pro_rata ?>% of this new issue: <?
-if (data.security_essential != "debt") { // handle the countables better
+if (data.security_essential == "equity") { // handle the countables better
   var num_securities = percentage * newIssues.TOTAL._orig_shares;
 ?>
 <?= digitCommas_(num_securities, 0) ?> <?= plural(num_securities.toFixed(0), data.security_type_short_singular, data.security_type_short_plural) ?><?