JD, I think you answered your own question. You said you wouldn't vote for it and if the majority doesn't, all things the same as now, then the downside could be substantially less than the 25-27 cent range. Further, as Chem8 and Ontchem has posted, Rogerson has some type of vision of expanding, high growth, doubling the size of the company in the next few years. This is not from me, but from those guys and town hall meetings. The only way you can double or grow that much is Mergers & Aquisitions (M&A) in my opinion. And the only way you can have the credit to do the M&A is by having extremely low debt upon emergence. And the only way to do that is to wipe the slate clean. Therein lies the problem. More growth = less for existing equity. While everything i just said is just my opinion, i dont see any other way to get from point A to point B without doing it on the backs of existing equity. If Rogerson is making these statements, then that tells you all you need to know about how he wants this to turn out and the tip of 27 cents is only if you do as they say, if not, well.......
