RE: i hope this happens "what will be the first thing on the agenda for the new slate? name change? tsx listings? sell kirkness? financing?"
Touch base with the Cumo team to re-establish the close relationships which DirectorDykes had with these people in the past, and reassure them that in the newly led MSQ, it'll be all business, no BS.
IMO, take control of the company's books, records, share-issuance documentation and MSQ's bank and charge accounts. Review the expenditures since November, 2011, and go over Kirkness, the receivables and the due to/due froms with a fine-toothed comb.
Reinstate any options in effect prior to the now-disallowed AGM, and immediately notify the outgoing directors that they must convert outstanding options or else lose them (Ash has 175,000; Bronson 200,000;Jefferies 235,000; K McClay 441,850 and B McClay 3,460,000.
Nail down any advances by MSQ to other corporations (Vicore, any other entities, etc.) and initiate action to recover any outstanding funds or else sell off, by way of at-arm's-length transactions, these assets to non-related entities.
Should there be any overlooked prior-years' taxable allowances and benefits, issue T-4s and amend ,Canada Revenue Agency filings..
Kirkness, the groundwater testing, a TSX listing, are matters which, IMO, will be handled as the new BOD deems fit (a name change might complicate recoveries, leases, permits, etc....and unnecessary complications are about as useful as the plane, the boat and the Benz).
Of course, that's presuming that McClay and the BOD don't follow through on this (contained within the 2012-08-09 news release):
"...The company is continuing with its review of the judgement and is seeking advice from its legal and other advisers as to the interpretation and consequences of the judgement, including with respect to an appeal thereof."