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Trymedia Activemark protection is used for many Yahoo games. 
The unpacking of the AM shell is eactly as above (after reading this topic, I recognized that I reinveted the wheel, anyway:P) 
However, there is a little shortcut that I found for reseting the time limit: 
1. open the registry 
2. make a copy of HKCR\Clsid or HKLM\Software\Classes\Clsid (one of them or both,not important) 
3. run the target exe for a while and close the applications 
4. recover the registry keys from the backup 
5. delete the 3 files in the \Trymedia\Activemark\data directoy (a hidden directory) - note that for each protected applications the shell creates 3 files in this directory. While the applications runs, these 3 files are updated in each minute. 
6. run th application again. you can see time-counter is reset. 

