vero: Why wouldn't you assume preferred shares would be counted before common?
If we assume the proxy is wrong, the math still gives it to YA.
About 1/2 of retailers will vote their shares. Generously, that is 2 million votes. If one of the options gets 1.5M retailer votes, it still isn't enough to carry the day.
What YA wants YA gets.
“It ain’t so much the things we don’t know that get us into trouble. It’s the things we know that just ain’t so.” Henry Wheeler Shaw