Technically, there was no shareholders meeting. Certain holders of preferred shares delivered a "written consent" seeking to change the board of directors. However, the Preferred Class didn't have the authority or voting power to actually change directors, therefore the action is moot and meaningless. They have been given clear and irrefutable warning that their actions did not result in a change in directors, however they have proceeded as if it did, including making filings in government offices. These actions are clearly tortious interference, as is the ongoing harassment campaign, defiance of court orders and postings on blogs of all sorts of threats and predictions.
Attempts change the voting rights of shareholders requires the affirmative vote of all the affected classes, therefore any effort to ram through new voting rights to the preferred class (i.e., on an as-converted basis) would be invalidated by any court - and that would be especially true in QASP's case because the actions are being orchestrated by a self-interested group in defiance of court orders, and by people not authorized to take action on behalf of the company.
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