Perk Labs Inc (PKLBF)

[AlwaysAware]

Desmond and his folks allegedly have been out maneuvered by Penny and her folks. They have been buying up enough shares over the past few months to do so. Maybe Desmond doesn't believe she has 51.5%. Until the vote happens nothing is 100% guaranteed. I suppose its possible for 1.5% or more of this 51.5% to flip. I simply heard the words "locked down" referring to 51.5% of the votes in Penny's camp. Plus they allegedly allowed Echelon/PI to cover a $10 million short position with a bought deal at $3. So one would assume they have those votes as well. If 51.5% of votes are locked down... No amount of mud slinging news releases will matter. Look at it like a 3 act play. First act was firing Penny Green. 2nd act is the mud slinging, lobbying for votes, and back room deals to acquire votes or accumulate paper as groups. The 3rd act will be the vote and the aftermath no matter who comes out on top. Great volatility in the share price benefits savvy traders. Rest of shareholders are like lost sheep. Moral of this story is don't air family squabbles in the form of proxy votes where thousands of shareholders are held hostage for 4 months or longer. Its not necessary. Get along!