Ann: Notice of General Meeting/Proxy Form, page-19

I don't think your naive, its not going to change the management or the tech we have all invested in. Im calling BS on this.
A lot of people have invested in this at the price level because of risk vs reward.
The growth potential gets hammered on this with that kind of consolidation.
If we hit .30 from where we are we have all ten bagged. For that to happen after consolidation at .75 it needs to hit $7.50. The potential for this to go a lot lower becomes much greater.
As far as having hedge funds watching this, of course they are.
Why would this be happening??
I would say a partner is sitting on the side lines pushing them to consolidate.
Turn the 1.5 billion shares into 61 million. They can then do a CR, issue more shares to intutional investors at .50, share price goes down to .35 their mates hop on board as the poor little suckers get scared.
Im not happy...
I put a fair chunk of money into this, so did my father. I just called him up and told him and he wasn't happy at all...