I really see no need for a vote. I think the GRAFF holders seem to be missing the part where their shares price dumps before they get a chance to sell.
Let's say that everyone votes for a 1000:1 conversion SDVI to GRAFF. That conversion will be effective for shareholders of record on xx/xx/2011 and will be based on the SDVI share price on that day. Do you feel that your GRAFF shares will benefit from that?
It seems what's best for all is to give the converted shares back as if they never left, get the company back into good health and then look at reducing the SS. Any other plan will most likely be disastrous for holders of both company's. IMO