Time to call a 'special' meeting ...... to get a share consolidation approved in order for the company to be better positioned for a financing.
Now that it appears that the 'control' and/or consolidation clause is a non-issue ... other than in employment contracts (which would have to be waived to get shareholder approval) ... roll it back by 10-15 and take a crack at a finance under the new structure.
Does Joe's 'consideration' impact such a direction ?