Why am I implying that the R/S proposal caused the sell off?
Because of the two long red candles on 3/21 and 3/22 which started immediately after the proxy was discovered.
When something goes from working to broken, it's usually the thing that changed in between that caused the problem.
There are still some shareholders that don't even know about the proxy, little yet the shareholders' conference call.
Ethically (if not, legally), all of this information is material and should have been disseminated through proper news outlets to create a fair playing field for all shareholders.
This whole thing was a total botch from the start.
I'm willing to give management the benefit of the doubt with my remaining shares, as they (or their advisors) are currently grossly mis-informed.
I will vote NO to the RS, and allow management to present us with a more thought out plan.
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