RE: NO DILUTION - Bankruptcy is the best option! This may not be a bad idea. I'm not totally sure yet and need to think about it more though. That's a big step.
I suspect AGA's meddling is why we have this offer vs the other superior offer of 25c plus 8c conditional that the board received for the whole company, but decided they didn't want to accept. Likely because AGA didn't end up with MWS which they badly want, and is why they bought in in the first place.
One way or another the funds will decide this, but at least voting no allows us to have the votes all one way if they decide to go this course. So I am leaning towards voting No to everything except allowing the modifications to the note indenture. Which we want I believe.