Lots of opinion and speculation on what exactly this process means/will mean to retail shareholders. IMO it comes down to whether you trust or do not trust that Frank is doing what is best for the future of KWG and it`s shareholders regardless of the proposals. If you judge from history, I for one side on Trust. He could have invoked the 10:1 consolidation that was approved at the last AGM but has not. I will NOT be converting my shares to the "multiple" option unless and until the viability of using this approach is proven. It does however provide me the option to do so in future.

I do have a few issues that would like to be resolved/answered though..
- This was tried before and turned down..what has changed that makes this viable now and requesting a much higher multiple (300 vs 50). Am less influenced by the "margin" issue as I am for the potential of "big boys" wanting in (although requesting a larger consolidation number would have accomplished the same result)
- Why 300:1. Would have preferred wording to the effect "up to 300 :1"
- Why regulatory approval wasn't approved before the vote
- Even if approved by shs, the Board does not have to implement the capitalization. Then why proceed at all until it is agreed to be implemented. What are the circumstances that would delay/stop the implementation
- There is currently no plan by mgmt to issue "mutiple" option shs ... then this exercise is pure hope and wish that interest will follow.

We've tried the standstill approach and hasn't gotten KWG anywhere. Pro-active moves with patent, Chinese, and Fns at least continues to demonstrate Frank's determination to build the viability of KWG in the ROF even without help or even any recognition from all other interested and affected parties. GLTA