I remember well the discussion about the 50:1 concept a couple years ago. Interesting to see it come around again.
I believe that I'm actually in favor of this idea because I think it's a good idea. I agree that it will bring interest from large buyers. However, I think it would need to go over $5 to become accessible to all entities. That would mean that the common shares would have to go back up over ten cents.
The only reason that I would be hesitant to vote in favor of this is because I would prefer to keep slowly accumulating shares at lower prices over the summer months, when my wage earnings are highest. But I think that a quick rise (which I believe would accompany approval of this new share structure) would be fine too.
In the end, I guess it doesn't matter what I think. I'm working in a remote bush camp, and I have no idea how to vote online, one way or the other.