If we vote for the Yag/toll option, the shares will be virtually worthless through the gigantic dilution and the only buyers, at the end of the day, will be Yag/Toll ( who else would buy our diluted shares?) so in order to make a loss for tax purposes you will have to sell to the pirates in the end. I would far rather see the company wound up and claim my losses. Yag/Toll would also be taking a considerable loss and I wouldn't care about that for one second. For me the only answer is vote NO!
CMR Price at posting:
15.0¢ Sentiment: None Disclosure: Held