If of any help, I will share the answer I gave to a poster by PM. And I sure would be pleased to be corrected, since I am not an expert...

My understanding from my reading (see pages 19-20 of the IC) is summarized as follows.

The Common Shares (the ones you and me hold) will be converted into a new class of shares (the Subordinate Voting Shares) which will bear the very same rights than the 'old' Common shares PLUS a right to be converted into Multiple Voting Shares on the basis of 1:50.

The Multiple Voting Shares (issued only upon a voluntary conversion requested individually by a shareholder) will bear the very same rights than the 'old' Common Shares except that they will allow 50 votes a piece and 50 times the participation PLUS a right to be converted back into Subordinate Voting Shares on the basis of 50:1.

Multiple Voting Shares and Subordinate Voting Shares may be converted back and forth at will. So this is in fact absolutely not a consolidation of shares. The OS (the float) will be composed of a bunch of Subordinate and of Multiple Shares which will totalize the very same number of votes and the very same percentage of participation per unit than before. Whoever sees a Reverse split operation in the actual proposal is either illiterate or tainted with bad faith. (Said respectfully)

GLTA