Who know if it matters at all?? OTC stocks go up just like index stocks. I think this allows that #$%$ Hayes to leach more money from shareholders in the end. Without the R/S he has little opportunity for it.
Only these idiots would put out a press release over the PR Newswire saying they don't have the votes. You rarely get an update on anything happening with the company, but you certainly want to majorly publicize this???!!! The PR firm should be fired and that joker Hayes tarred and feathered.