The offer is $74,600,000.00 at $3.125 per share.
That translates to 23,872,000 total shares outstanding.
The Proxy Statement puts the float at 18,102,903 shares.
If 2/3 of insider shares vote "yes" and at least 1/2 of us retail
shareholders vote "yes", it's a done deal.
I recieved my proxy voting notice via Ameritrade, which in
my mind removes any doubt about the authenticity of all this.
This seems very likely to go through, IMO.
Good luck all!
jc