TakeOverBoy - this is sure a great possible windfall for Andrew. This is his best shot at getting his money back and leaving the other shareholders with almost nothing!!
As noted , something may have already have been worked out. Maybe he talked with the new head of Shiesiedo and they will make another try at testing. - of successful the value could be huge and the shareholders are capped @ $2 instead of maybe $10 to $20.
The other issue is how do the shareholders get their 8% (if it ever comes)?? Is someone keeping a list of shareholders and how long does this last?? 6 months or 30 years. A lot of details are lacking here.
I would reluctantly be prepared to vote to allow the asset transfer if Andrew pays the other shareholders $2 per share right now and we call it a decade!!
GLTA