RE: nervous wait here17 Mar 2021 11:37
we have 52.5% of the votes so far , the second vote allows the ones who did not vote to vote. they dont have to vote for the deal ,they can just not bother to do anything , the vote needed 75% of the votes to agree in the first vote , a lot did not vote first time around , i heard they could not make it to the the meeting but take that as you will , the second vote only needs 25% of the votes to agree as we have 52.5% already we don't need any body else to vote in favour for it to go through , the 52.5% who voted in favour do not need to vote second time around , (they do have the option to change there mind ,but we need a lot of them to do that more than half and with only 2 weeks from one vote to another very unlikely as not much will have changed ) so it i almost certain to go through , its exactly what happened before needed the 25% vote to go through , also you can say its in our favour the votes that were not used 1st time that did not vote ,they did not vote against , so in all we need 25% of the bondholders to agree and we have 52.5% of that vote already so imo it is just a regulation vote on the 30th to get it through , i expect to creep up the closer we get to the 30th in anticipation , hope that helps or not