Here's an article in regards to the AGMhttps://ottawacitizen.com/business/local-business/bagnall-patience-pays-off-at-wi-lan
Seemed pretty constructive, yet I don't quite understand the rationale behind paying a rising dividend rather than doing a share buyback. If the share price depreciation is unwarranted in the mind of the BODs, that's exactly why you would do a share buyback. Raising the divy only makes sense in a rising cash flow environment, and though that may be in the offing (by 2018), why not buy back some of the float now, and WHEN that increased cash flow materializes, then pay out a compelling dividend or a special dividend to "reward shareholders".