KABOOM!!!!!! Do not trade this for anything less than $2.50 people. There is no reason for Clarus to hold this down unless it is way out of hand. Remember institutions hold 40% while management hold 10%. That is 50% already for the yes, and they only need another 17% of the vote. You can count on at least 20% who simply will not vote and that therefore goes in favor of management who are supporting the vote. There is no reason this deal won't go down, therefore this should trade North of $2.50 in my humble opinion!
It's been a long wait folks. Do not get short changed at this point!