Has CGA actually sold its CTN IMA?

Or only if the CTN shareholders wave through the new IMA that they are NOT seeing. -- and CGA still there if IMA rejected. And Only the "pertinent" parts as decided by the new Directors will be shown. And they flicked through the sale to NAOS which was not for CGA and NAOS to decide.
TheseDirectors who 8 months ago got elected on the basis that - should only be 1 manager - CGA - a magnificent performer, that there should be no consideration of the Contango name being changed - that shareholders should have been consulted on all these "major" issues
Who 4 months ago agreed to pay over $1m of CTN 's money to OCFunds ( a vastly superior fund manager of Micros before appointment, during appointment, and since removal ) to walk away.
Now when they are approached by their preferred Manager who is admitting they can't deliver the "goods", do they exercise their rights to accept CGA's resignation with no cost, and with effect from year end to allow time for analysis of new managers
Or do they recant their previous assertions, reappoint the 3 Directors banished, and then resign?
For once act for shareholders, and not those who backed them?

See recent posts onCGA! by various posters!
DYOR