It should be a resounding NO vote and if not then it warrants an...

It should be a resounding NO vote and if not then it warrants an investigation by ASIC. The note holders cannot vote and why would shareholders vote YES.

I am hoping that the vote is just a formality and the company have no intention of even pushing for a YES vote. It doesn't make any sense as directors have an obligation to shareholders not the note holders and I cannot see any situation where they could even suggest that shareholders vote yes without breaching their duties as directors. Unless of course they pretend that shareholders will invest fully up to $10 million in the capital raising and in that way dilute the note holders but blind Freddy knows that will not happen. Maybe that is it!