Ted,
Liscouski stated again that DMRJ has informed the company that they would not be waiving the 4.99% block. They have to give a 60 day notice to do so and have stated they do not intend to do that, that can always change I guess. That being said, IMSC, has to go on the idea that they have to convince 61% of the shareholders that Zapata is a good idea, the only way to do that is to seen the stock price rise into the transaction date. According to the 8K, Zapata can start talking to other companies starting 10/15/16, so things have to be taken care of before then.
There are those here that really want your shares on the cheap.
GLTA,
KB