RE:RE:RE:RE:RE:RE:KWG and NOTRe. the Smeenk agreement, most of those are standard clauses. The Termination Without Cause amount is arguably high, but I would suspect that a similar amount could be negotiated in a court proceeding, so that doesn't really raise any eyebrows for me.
Re. any potential "other business," Ok, that's a standard clause to give the board some power to deal with contingencies arising after the DoR but before the meeting.
Re. the conversion, I don't believe that there is a legal basis for separating the two types of shares in a single, unilateral decision by the Board. So I think shareholders are safe there. I'm not surprised that Frank is trying to keep a small amount of activity on the supershares. And they do remain a viable vehicle to circumvent certain restrictions on penny stocks. I think it was wise that these shares were created, even though there has been no opportunity so far to put them to good use.