tradero, can all be, but in the other case they risk ending up in jail because it is tampering with the PPHM annual voting system. You have a HIDDEN party with more the 15% of the shares in that case, that didn't list, and that you ACCOMMODATE for to force the hand of regular shareholders. They should pull the poison pill on their-selves :)
Furthermore PPHM would have to be VERY CAREFUL because the class action isn't over and since such family/groups will have build up these positions over MANY years and PPHM would now actually demonstrate they KNEW of its existence, well...maybe they did indeed also ACCOMMODATE before by communicating Sept 24th in such a way that other group could accumulate cheap.
I don't think CEO King, and possibly not even ES, would be so stupid as to make a fortune and spend it in jail. Because if what you say is through I can tell you it can be made to surface and pulled out of the dark quite easily. Again we are talking about a broker that will suddenly vote for about 100Mil shares if you are correct. Don't you think that's gone show if investigated?
One question to ask PPHM: How come that after a year of 100Mil BROKER NON-VOTE you can make a statement to shareholders that you do NOT expect many broker non-votes? Anyone could explain that?
Very simple, because PPHM did something LEGAL, they closed a voting contract with the brokers over the non votes. Nice, clean, open and legal. There will not have been more then 10 of the major guys to contact and they don't need them all.
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