Trump Media and Tech Group (NO Politics Allowed) (DJT)

[Zorax]

Why would a public company send proxy statements to each retail account holder if E*Trade has to vote once for all their retail shareholders?

The brokers are not voting. They send account information to the TA who is the record keeper for d-w-a-cked and facilitates account information and voting data.
The proxy comes to you because the corp has to do this for the insiders, officers and large shareholders. The commons proxies are just for formalities. Corps can get a nobo list to know actual numbers of shareholders, but may not need or be allowed to know how much you own. That is your private business as a common shareholder.

Even if you vote via the email proxy, commons only get one vote, which ultimately isn't considered in major decisions as per d-w-a-cked filing.

One can own one share or a million commons shares but it still counts as one vote passed on to the TA from a broker and the broker validates you own a share and have a active account. d-w-a-cked does not know your name, just that you're a shareholder in a brokerage. You are not an investor directly involved with the corp. That's why you are called a common shareholders. You are common to millions of other shares held by random people with brokerage accounts.

The only way you could be known by d-w-a-cked is if you willingly bought shares directly from the company's own treasury, then you would be known as a investing shareholder of record on their ledgers. Their votes count directly and an insider or officers usually has super voting shares meaning one of their shares could count as a million votes per share and their share count number actually is tabulated. Your common shares are not added up.

BUT ...




All those wise people shorting d-w-a-cked raise their cash stuffed hands.