Walk57, I seriously doubt there is any outcome on the vote. Don't you believe that had management had their way we would have the results by now?
IMO that plan gave the Otello management the license to steal from the shareholders and many others must have felt the same as I do. If management wants us to reconsider they must offer at least an accumulative preferred stock.
"Don't you believe that had management had their way we would have the results by now?"
As you know Bust, the plan can be implemented without IDS sub note holders' approval. So no, I don't believe the results either way are causing the delay. I think there is something going on that has nothing to do with the results. We'll know soon, IMO.
Good theory. You may be correct. I'd be very very surprised if the tabulation process actually took a week. OTT has only 13.22M units outstanding. I have been involved with votes on issues with other companies with a much larger amount of shares outstanding that reported results faster.