Watch folder and automatically convert all video to MP3

IN PROGRESS
Bids
4
Avg Bid (USD)
$115
Project Budget (USD)
$30 - $250

Project Description:
We need a program that watches/monitors a specific folder. Whenever a new video-file (MP4, H263 3ivx codec) is is recorded to the folder, the program needs to convert it immediately to a MP3 file and put it in the same folder (or other folder).
We would like it to be written in C#

We need the program Saturday July 6th.

Skills required:
C Programming, PHP, Software Architecture
About the employer:
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