I'm leaning towards support for the R/S.
for some insight as to why getting over the $5 boundary is incredibly important, see here
http://www.benzinga.com/etfs/sector-etfs/14/06/4640347/semiconductor-etfs-are-this-years-technology-titans
there is INCREDIBLE hunger for funds to invest, but they just can't with PTK on the venture at per-share prices that won't SAFELY sustain a long-term institutional investment.
also, I'm going to re-post below the three PDF links I put up earlier, they got lost in the sea of angst:
"if you want some guidance on which direction to vote, this and this are very good reading in forming the foundations of why you would choose to cast your vote one way or the other for any particular issue.
Although nobody's (yet?) paying ISS or Glass Lewis for advice, here is another PDF worth reading."
Please vote responsibly.
GLTA,
R.