The big gripe is the ruiness SP and the options re-pricing along with the .45 strikes.
The flip side are the BOLD REALITIES of the AMEX de-listing and the the dire consequences of doing nothing and allowing the company to not be fully monitized I.E. equipment, plans ect ect.....and yes, the RS and RM.
So that means if the RS & equipment sale measures are voted down the RM doesn't go thru? If that's the case then management must feel comfortable that they will get enough votes at the AGM to pass the RS. How can they be sure they have enough votes if all shareholders are equally in the dark as to the reason behind the RS and undervalued equipment sale...presuming your theory is correct?