Here, there is a FAQ from the disident shareholders of ITEX.
Here, a lot of ITEX franchisees are supporting management.
It isn't a good sign for the proxy fighters.
Disclosure: None. This is not advice of any kind. Do your own research before doing anything.
EDIT: Here is a new presentation from the dissident group. It's good, and shows discrepancies in ITEX accounting. I really doubt that the franchisees will care much about it, but rather, the shareholders.