Replies to post #282233 on Plastic2Oil Inc (PTOI)

[janice shell]

Exactly! That's an excellent point!

[loanranger]

I can't prove it, but I have the feeling that none of the shares that got bought today are gonna vote either.

I think it might be naked long buyers at work.

[Lites2014]

You know it doesn't work that way, and so do most of us who have been along for this ride.... borrow one share... sell one share... replace first share borrowed by buying it back... no extra shares in the market.

[Krazy K]

For the sake of conversation


Why would a illegal naked short try and Vote? To admit guilt?

Not that I believe in that fairy tail just partaking in the conversation

[XenaLives]

False assumption:

So pretending all that is true, when the voting on the proxy occurs every year there should be many more votes than possible based on the number of "real shares" outstanding.

Brokerages just "fix" it - 100,000 shares voted, 10,000 shares on record - the voters get 1/10 of a vote.