If a DEF 14A is filed that doesn't represent my best interest and we all know such an action has a 75% probability of failure, at 500:1, then I will need to explore my injunction options.
I am surprised that the failure rate isn't higher, as most companies doing an R/S "for the sake of an R/S" are almost guaranteed to dilute just to stay afloat as there is no REAL business, most are still in a developmental stage. Every company that I have researched that did an R/S to uplist to a major exchange had real revenues and real assets, similar to CBAI (the 25% you failed to mention). As a matter of fact, in those extremely rare cases where a company is in a position to uplist but is on the OTCBB, the only option they usually have is to conduct an R/S to even have a fighting chance, especially a company that has a liquid stock with consistent volume. We are taking away a revenue stream for these market makers and you can guarantee they are not going to let it go without some resistance.