You almost make it sound as if they were asking for money for their own personal use. The money is for all of us, so we can regain control of our company!
I'm not sure if Gil and Darcy are aware of what shareholders live where, so would it not be more viable for you or someone in your area to see how many are interested in coming to a meeting? I don't think it would be reasonable to ask them to rent a banquet room for only 2 or 3 people?