It seems that way... however the convoluted way it occurred rules out premeditation on managments part IMO. I'd think that they would be drafting the terms of the shareholder vote presently. Its logical to think that the main concerns of the board might have a little pull in how the vote is designed.
-Everything I post is my own opinion at the time. -Don't buy or sell a stock based on my words. -Take responsibility for your actions because I will not.