Gotcha. I agree with your statements. The SEC might have a different opinion on the matter depending on events that may or not unfold in the future, especially the way the proxy and the conference call were haphazardly released.
There are still many shareholders that have not received their proxy (myself included), and many more that don't even know the conference call happened. This is simply poor execution at best, shady at worst.
Interesting article on how Gander went private. Ironically, it all started with a Reverse Split to take out shareholders.
Nonsense. If they have tentative plans to uplist in the future, they can state exactly that. If the whole point of the RS is to uplist, and they state that they have no plans to uplist, then that would be misleading. Did it ever occur to you that the reason they state they have no plans to uplist is they have no plans to uplist? Perhaps they are telling the truth here.