??? A company can do a LOT with $8M. You might need to consider that published 'records' over time are subject to change. Just have to publish the change required do to the change over time. Just like a will, last one 'published' is the one that stands (Normally. Of course, exceptions exist).
My position is now that it is what is happening here. Changes (in thought requiring legal action to rectify a past "oversight"?) over time have occurred. The result will give the boot to any LAHO recovery attempt. Far too much needless time has been spent if the final result would occur as originally prescribed.
Already the idea of preferred shares is down the drain. How much more time is necessary to wait on enough time to pass to require an additional change to wipe out the $8M entirely?
It has just taken management longer to get to where all LAHO SHs thought we were when the lights went out at LAHO: Screwed! Drop any idea of any legal recovery.
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