Behind the 100million non-voting broker votes by making them vote no. Perhaps the deal PPHM is trying for is with someone other than the group behind all those shares. If "they" don't vote no,PPHM will have enough shares toclose a deal with a different entity and those 100millionsharevotes won't be able to stop thenew and better deal?!!
If "they" do vote know, perhaps the voting r3cords will be shown to the SEC and those 100 million shares just might be frozen or confiscated do to illegal attempt at stock maniplation by that group or family?!!
Ex, I respect your opinion, but there is something that does not click
If there is no "deal" or any sort of talks with big fishes belonging to the 100 Million brokers non-vote, would you care to explain how is #3 going to pass?
Leave it as it is ... and you start with more than 40% of NO votes
#3 routine allows broker to legally vote yes and if nonroutine brokers clients would be safe. Routine makes them unsafe once if they must vote no. Peregrine found a way around them. CC and shareholder meeting will light up the screen and the vote will be made easy for trailing shares.