They decided not to "go forward with it", meaning cleaning the MINOR wording issues up, because they hope that will make it fail.
The BoD doesn't want MemRat.
Management doesn't want MemRat.
MemRat is coming. The language that is "flawed" is protected by the RLA so will not be a consequence either way, and is cleanable with another minor change which can be issued by the BoD the day after it's ratified.
MemRat's time has come. It's my sincere hope that every pilot takes control of their own destiny with this airline, that it fosters greater involvement, and thereby motivates the pilots to increase solidarity in a way yet unseen here.
YMMV. You know I love ya', buddy, but I think this one is happening. Warts and all. We'll clean it up and make it shiny by Halloween. And I do NOT mean like PCL's avatar...