JC Data Solutions Inc (fka JCDS)

[Green Money 00]

I believe this is what the press releases was talking about

the necessary majority of the corporation's shareholders approve a merger or consolidation, it will go forward, and the shareholders will be compensated. However no shareholder who votes against the transaction is required to accept shares in the surviving or successor corporation. Instead, he or she may exercise appraisal rights.
 
Appraisal Right: The right, created by state law, of a dissenting shareholder who objects to an extraordinary transaction (such as a merger or consolidation):
 
( i)? to have his or her shares of the pre-merger or pre?consolidation corporation appraised (valued), and
 
(ii)? to be paid the fair market value of his or her shares by the pre-merger or pre-consolidation corporation.
 
You can imagine how this might mess things up!
 
https://www.shsu.edu/klett/MERGER%20ch%2036%20new.htm