I was also involved in the MLM shareholders action group. The main factor that got us over the line to stop the merger and debt was that the 2 leaders Paul & Graham managed to get the major foreign investor/buyer and one of the top 4 local investors to agree with the rest of us disgruntled shareholders to vote down the motions - so much so the BOD withdrew the motions and some resigned. Now the rebuild.
Perhaps some potential for HDY although I fear the dominant shareholders are less likely seek an EGM & toss the BOD before total trainwreck. In the interim get on board with Aussiebryan's skype action group @ https://join.skype.com/invite/kDe73gXfXtYp
GLTAH