Biased proxy reports are a dime a dozen. Most targets shake them off like a wet dog, and wonder off looking for the next ball to chase, and they are quickly forgotten.
The ones that are not quickly forgotten either have a kernel of truth, or they don't have a kernel of truth, but they happen to cause scrutiny of a company that happens to have something fishy going on, and that scrutiny uncovers the real problem.
As you've said, if this ends up in court, it will be interesting, and hard to prove either way. Will depend on funds on either side of any court battle for it to see the light of day. Neither ISX or OM are likely to have much in the way of spare cash sloshing around.
ISX Price at posting:
$1.07 Sentiment: None Disclosure: Not Held
