To get the $3M from insurance, it looks like it will take $500K to litigate. Any ideas where this money is coming from if they can't even pay the current legal bills? Is there enough money left to go after Cypherdoc?
So does it matter whether this proposal gets approved or not?
Yes you should vote for the plan, it matters. If you go read the proposal you will see a listing of estimated recoveries they expect to get that total several million dollars on top of the cash they have on hand right now. The company had a 3 million dollar insurance policy for example. They are also in the process of suing Cypherdoc to recover 3000 BTC plus a few other things.