<a href="http://links.jstor.org/sici?sici=0041-9494(196023)28%3A1%3C151%3AVRITSO%3E2.0.CO%3B2-A" target="_blank">http://links.jstor.org/sici?sici=0041-9494(196023)28%3A1%3C151%3AVRITSO%3E2.0.CO%3B2-A</a> sometimes i think you are pure evil, apparently according to balentine the treasurey shares dont count else "the company could vote on its own behalf" according to this they dont need 100,000 shares as you imho very very wrongfully state.... p2k