The vote isn’t important Wow, but can we ever discuss the minutia out of things that don't really matter. (although it's much better than having nothing to read as I refresh 85 times a day)
The vote and whatever proxies or cut off dates, August 19 or whatever, really do not matter. The vote will be held by the group around the table. I can't wait to see how much discussion goes on in the days right before the meeting but as Mwaver said but seems to have been missed, it's the after the vote part that is of most importance. As per the release:LAURION will host a corporate update immediately after the Meeting, commencing at approximately 12:30 pm, to discuss the Corporation's business strategy and objectives.
They expect to wrap up all of the voting and then make the announcement of what's to come. If we were voting on the sale of the company there would be no after discussion because it would be done deal. You will get the cash when this thing closes in whatever months they take to close it. If there was an eminent buyout then, no I do not think Nick would have sold his shares but instead would've borrowed begged and stole the money if he actually had to buy out his options before the sale. If they actually had to buy out their options people like John Covello, who how old over 10 million options would be buying his out right now as would all the others.
As the 19th is just an arbitrary date that they picked because they had to pick a date that locks in the voters by the corporation rules, the September 7 issuing of the statement of business to be held at the meeting is just going to be that a statement, saying we're voting on directors .1 we're voting on auditors .2 we're voting on compensation .3 and .4 will probably be and discussion of business going forward.
Please don't get me wrong and take this as any kind of a negative post as any of you who have followed my posts can tell, I'm extremely positive when it comes to the prospects of cashing out on the big buyout. Yes I would like it to happen this year but I will be extremely happy in 12 months if that's how long it takes to cash out at 1000-2000%
that said, keep up the posting, at least it gives us something to read while we wait and wait and wait.
Cheers all