My opinion It hasn't been clear why the green proxies were discarded. Nonetheless, to save the cost and time of management, shareholders, courts, etc. I do believe it would be prudent that another AGM be called, with a BCSC monitor, and the proxy vote should be conducted again. Long or short, pumper or basher, investor or car-crash watcher - it would have to be agreed that this really is the most "fair" way of dealing with this situation.
I have my views on the solicitation of funds and the reason the SLI share price has declined - which is different than most longs. But where I can agree is that the manner in which the results of the AGM were presented was very unusual and would certainly leave many with frustration and unanswered questions. Thus, I sincerely do hope that the dissidents do get another "kick at the can." At the end of the day, if more than 50% of the shareholders want a new board, then that should be how it is. There is no issue around minority rights here because it isn't one or two large shareholders dictating - the green votes, I would presume, come from a wide array of individuals.
And, if the dissidents are successful, the reality will begin to set in.......that is a new story, a new saga, and one I predict will not end well.