Crab - your statements are usually correct, as one would expect...

Crab - your statements are usually correct, as one would expect considering your source, but can be very misleading in their brevity.

FREE employee shares are an entitlement agreed to between MAE and the recipients in lieu of contractual payments that have not been met by MAE. If employees and contractors are willing to accept shares instead of salary or contracted amount,which they are, then MAE can use cash, which is tight, as we know, for current operations. This is to the benefit of SH wanting the best price should there be a sale. The quicker they get consistent flows, the quicker the reserve report and you know the rest.

The alternative is more law suits for MAE,extended delays and could poison a sale process. IMO every holder should think very carefully before they withdraw support from the company on this, or any of the other issues to be voted on.

It will be their money at stake and their decision should not be taken lightly.