I don't think the Corporation can be included in the voting. We had better look this very important point up. Corporations treasury should not count, because they would be considered prejudiced parties, so IMO they should not be allowed to vote. You got me wondering now.. DAMN!
The BOD are shareholders and a share is a share! Officers and Directors will hold the party line. Someone is indemifying them of liability to make it worth their while to resist the shareholders wishes.
It is going to be very interesting how this will play out. Kirsten will get another chapter to the book.
Sorry I couldn’t reply early but I hit my 15th post for the day. Anyway good questions, the way I understand it the BOD bought bonds at pennies on the dollar. BOD hires Weil to take care of bonds and screw share holders. That was their plan from the beginning. So I would assume they sold their shares along time ago and now they are sweating bullets. That is why they fought so hard to keep the EC forming and pursuing a share holder meeting in fear of losing control. And now we have an examiner coming into play when the Judge signs off. This is getting good. IMO
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