"I see, so if the court finds the perf shares issuance prejudiced shareholder interests, as a shareholder you'll still consider them legitimate?"
Hey Joe, just as a thought experiment...
Let's take a company, XYZ or such, with a share price of 16c. Performance hurdles are met, and performance shares are issued to the value of 30% of the company. The company continues thriving, until it's quoted as $1.60 per share a year or two later - a Disallowed, which would make any reasonable shareholder quite happy, I believe.
Now the issuance of performance shares in itself is, of course, dilutive, and would, as such, be against shareholders interests, but only if taken out of the context of a growing company that is enriching the shareholders majorly.
My overall impression of your arguments (and those of other trolls) in general is, that you are doing exactly that: Taking single events out of context to sophistically argue a fallacious point.
I don't know the psychology behind this, but maybe you are just a sore gambler still waiting for his lucky strike after all these years?
