I think the Common and Preferred shareholders can build a bridge here. This is a great idea (below). If the offer changes to include new incentives for management compensation, common would vote with you.

Mr. Entrekin concluded, "...Lastly, the current offer does not include any change in management's compensation to reflect the company's reduced capital position or provide new incentives to management tied to operating cash flows, dividends and common share price with payment to be made in the form of common shares or options."

http://finance.yahoo.com/news/Large-Pref...