Originally Posted by
Softpayman
Well duh. He’s laying out his case. Why wouldn’t he? Look I’m most likely a “no” vote but I’ll take him at his word and at least consider that we’re in for a rough ride should we vote it down.
Question: If we’re in for such a rough ride if we turn it down, why is it only worth 2% for us to approve it?
Answer: Because the company knows that’s just enough to get a yes vote from this group. If they get much more than 50.1%, they offered too much.