Sysorex Inc (SYSX)

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They could not pay their debenture conversions and even if they did they would still have 13 million to pay that didn’t request conversion, their increase in authorized shares to pay for the conversions is legalized theft from shareholders, if the vote is no the company will have no way to pay their debentures and will default on those obligations, requiring bankruptcy: “The foregoing resulted in the Company's inability to process approximately $1,400,000 of pending conversions, which conversions will be honored at a later date once the Company has increased its authorized shares.“

The owners of this company want to declare bankruptcy and ride off into the sunset to enjoy their wealth stashed away, the effort to preserve the economics of the business is a fake effort and pretend concern for shareholders, they seek to blame shareholders for the no vote which is why that is promoted here because a no vote is their legal excuse for failure to avoid paying their stashed wealth to shareholders in a future lawsuit, they overlooked their financial obligations and a shareholder lawsuit re: fiduciary duty is obvious and they are trying to delay and avoid that payout. All imo