Why contemplate the expense and uncertainty of the law, when an...

Why contemplate the expense and uncertainty of the law, when an independent block of shares is already being assembled? IMO this has a better chance of achieving a realistic outcome, having far less risk and already gaining support. This is not a tightly held company and if 10% is achievable, 15% would have some real clout. I'm at a bit of a loss to understand why some other shareholders with reasonable holdings don't see this?