The current issues, from my perspective. Please correct me if I am mistaken on any point.
The vote is important insofar as the current management being able to impliment the shareholder rights plan, which I'm sure Wyloo would be against.
If the shareholder rights plan is enacted, this will increase the number of shares outstanding by an amount equal to whoever exercises their right to purchase the additional shares.....which excludes Wyloo....which would dilute thier holdings and their influence.
Having said that, there remains two outstanding loans, which I believe are both convertable to shares....Wyloo and Franco. There are also restrictions attached to the Wyloo load insofar as being able to raise additional funds.
Personally, I think the deal is way below anything reasonable.....way below.
It's time for the current management to show some progress with reapect to the FN and offer reassurance to the investment community....that time is way overdue. That issue alone could increase our fair market value by multiples.