I propose that we call for the following resolution: That all...

I propose that we call for the following resolution:
That all current shareholders at a certain date (soon) be awarded 1 share of a new category called FBRND per share. FBRND will only be able to be issued once and there can be no increase in these shares at a later date. At the same time some additional FBRND beyond the one for one could be issued to FBR itself to allow for a sale at a higher price then current shares. All FBRND shares in total would represent 50% of the company.
All previously existing shares would now represent only 50% of the company. Any more normal shares issued would represent a share in this 50%. The percentages could be a bit different.

This would mean normal shares can continue to be issued but our portion of the company held under our FBRND shares would not dilute. This will cause normal FBR shares to go down in price, FBRND would be tradable and probably worth a lot more as there is no future dilution risk in them. The currently issued options and the proposed new options could be included in this one and one resolution as part of FBRND and normal shares but they would be the only options based FBRND ever allowed to be issued. If more non dilutive shares need to be issued in the future they could represent a fraction of the new ownership represented by normal shares after the change.

This is in no way any form of pretence, judgement or adversarial notion to any of the management team or any present or future investors. I believe they will likely act in goodwill. We have a responsibility to insure our interests as shareholders (including staff and all investors of all sizes) no matter what happens in the future.

Please state the amount of shares you own so we can call a 249D on this. This would help prevent a takeover from a buyer of massively diluted shares or devalued shares. We need 5% of the shares as a group to call this. We have the most chance of calling this now before more dilution happens. What do you have to loose from calling this? Your shares may be the ones to tips us over 5%.