RE:debate all u want, mgmt bring on the vote if u have the #'sMay be I3e has understand his offer will never pass the Court fairness test.
An other deal can be done.
A reorganization of TEI.
I3e will exchanged is 28M$ of TEI debt for 51% of the new shares of TEI and actual TEI shareholders will get 49% of the new shares.
In that way, I3e will differ income tax on his profit and used TEI for his expension projects in America without diluting I3e shareholding.
In that way all risk will be assumed by TEI, if something wrong appends, I3e European assets is protected and I3e can cash out by selling on the market his TEI shares at profit or at lost but the I3e lost is limited at the initial 3.5M$.
It is a win-win deal