Not sure what you're getting so upset about. You seem to think you proved some kind of point.
Here's the thing:
"This proposal was adjourned until December 1, 2008 (subject for further adjournment by those attending the reconvened meeting) or SUCH EARLIER DATE as the Company obtains sufficient votes to approve this proposal." [Note the UPPER CASE]
In other words as soon as Biophan gets a simple majority, it will close the vote without any requirement for a further meeting.
Given that we know from the DEF 14A that they are desperate to increase the float by 357% to 800 million shares, and that they can issue up to 75 million shares in the meantime anyway (which you might have hoped would be enough) we can be raesonably confident they won't actually need to hold the reconvened meeting.
Clear enough, with or witout EXPLANATORY NOTES, I would have thought.
You chaps need to deal with the real issues, such as quite why Biophan are so keen to issue these extra 625 million shares (after all, even you seem to think it's not a great idea) when they have $5.6 million in cash they could use in various creative ways to get out from under these so-called sewer rats.
I think we can all agree the only people who will benefit from this proposed MegaDilution are the sewer rats and those who are short on this stock (one and the same, I suspect) - so why are BIPH so keen to wreak this havoc on their long-suffering shareholders, and why don't you newbies address this particular problem?
And are you seriously proposing that this dilution won't happen? Because if so I have a particularly attractive bridge that you might want to consider purchasing from me.
PS You probably only need to post one reply with the same content, unless of course you're trying to bury my posts. TIA.
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