Does not makes any sense. All the increased A/S in your scenario will go to warrant holders. Does very little for company financing and hence does not meet the cash needs until next year. With increased ownership of private placement of public equity in this A/S yes secenario, likely BoD will show votes "for" as plurality of intent im favor of BoD proposal and issue preferreds to majority holders and force an R/S like last time. Voting against on both proposals is the only effecttive way, to get them to release more information as to what is happening post Sep 30, 2017 at DCTH. Se know nothing about financial status of the company since 3Q of.last year, yet we are being asked to vote on a material alteration to capital structure. Can anyone in there sensible minds make such a decision, while the insiders likely have made a promise and give all the information to institutional investors ttgrough Roth. Hence, these split votes are meaningless, in my humble opinion.
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