Also, please read the previous post too...info & links on nasdaq about proxy requirement before appeal hearing.
What I am thinking is the proxy has 2 purposes:
1. requirement for the appeal hearing to buy time for the tender off period
2. to let everyone knows about the accelerated vesting options triggered & converted to common shares (increased from 75K in 2016 to almost 800K this year) = change of control = SOLD (pending 8k news)
The bears might spin & say that options for voting power, it's not!