This is staggering, but based on the ethics of these people, it wouldn't surprise me at all. These are the same guys holding back production/information, dictating the terms of the R/S, and the only ones receiving direct benefit, from the proposed R/S.
No wonder the Bitters and the Directors essentially own no common stock. They have been planning to deal wit the common stock shareholders all along. All the goodies will be distributed once the R/S is done.
In all your discussions and meetings with these guys, didn't they tell you differently? Did they ever indicate to you that we going to screw you one day?
Now we have CB's R/S dilution, JB's debenture dilution, and we haven't even gotten to the Directors, the key man/employee option plans, nor the new financing. With the way this is going, we will end up with 20% of our original value, if we are lucky.
For all the people voting YES, did you factor in the additional screwing that we are going to get? You can't possibility be serious in supporting leadership/integrity/honesty like this.