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Re: None

Wednesday, 07/10/2013 4:23:09 PM

Wednesday, July 10, 2013 4:23:09 PM

Post# of 326354
My voting recommendations: Vote NO on the RS but vote YES to increase the authorized shares to 500 billion. Yes, dilution will continue but PPS won't drop below $0.0001 because trades won't be executed below that price. This is the absolute worst scenario for YA and the best one for existing retail investors.

Vote NO on LM compensation package and reject her nomination to the Board of Directors; her handpicked friends (Fay and Mannelli) will resign immediately after her ouster. That leaves O'Leary to hang around and suffer through this debacle. One member of the board is plenty when none of the four have the backbone to stand up to YA anyway; added benefit is NEOM will save $150K to $200K annually in director fees.

Don't be fooled by anyone that recommends that you give YA everything they are asking for. Retail investors can win this game for a change and possibly avoid owning a bankrupt stock. The worst advice you can take is to give YA exactly what they are asking for in a 1,700 for 1 reverse stock split.