what is the NO vote going to achieve?if Ken's buddies are...

what is the NO vote going to achieve?

if Ken's buddies are willing to put another 1m into this dog they have probably been promised a certain return

since the SP is already at the issue price (or near enough) i would think the existing shareholders are better off approving this and get at least some albeit diluted return along with the sophs (will the sophs take the issue without the options?)

voting NO here seems like a reaction of investors who know they should have sold long ago but didn't, yes it will send a message that minority shareholders are revolting and that time is up for Ken but i suspect he knows anyways and will move on by himself to new ventures and new gullible shareholders to repeat the cycle again soon

voting the board out and replacing it with someone capable of extracting value from KEY's asset is a different story