RE: WE DECIDE ! NO MATTER WHAT! Probability, the actual probability of that statement (to which I referred) actually coming to pass, is less than 100%. Saying it doesn't make it so. It makes it very probable though.
If you don't see that, I would have to guess that you have not been an investor long enough to see managements and Boards change their minds. Sometimes they do it in good faith because conditions have changed and their fiduciary duty to shareholders require them to cancel old plans and do something else.
Additionally, in some buyouts, for example, there is no need for anything to be sent to the shareholders.
If the WND Board does do what that quotation indicates, it still doesn't mean that the company will be sold or sold to the highest bidder. For instance, let's say the highest bid is 2.99, just shy of Jeff's bonus threshold. The Board may then send the offer to shareholders and suggest shareholders reject it as inadequate. Given the apparent credibility the CEO has with existing shareholders, the deal may fall through. After all, the Board did not promise to support the highest offer and tell shareholders to approve it.
Another alternative is that Brookfield of someone else goes hostile and makes a bid for all, but a minimum of 40% of shares, offering $2.99 or $3.99 or some other price in cash and/or Brookfield stock. No shareholder vote would be required and with another 40%, they'd control WND.
Another possibility is that shareholders get lucky and the CEO will put together some money people and bid $4.50 cash in a LBO, since he clearly believes the company is very valuable.
Buyout deals that have not even bid, much less signed by buyer and seller, are always less than 100% sure, Probability, and someone with your username must know that.