vote fails, page-54

How would this work as a exit plan for holders? (I'm not)

Quite simply, transfer shares to a null entity of sorts, this could be a company, or having some fun with the idea, let's say a homeless wino (we'll call him Phil). So all the chagrained suckers that can't fulfill their obligation, or don't want to, transfer their shares to Phil, and come some point in the future Phil is then asked to come up with $x million dollars. Phil though simply hiccups and asks the man in the suit if he has any spare change. The media would love it.