It is in fact a reality that when shares held in your margin enabled account are loaned for the purpose of short selling by the borrower that the voting rights also are borrowed unbeknownst by you. This is obviously something that isn't fair to the average investor but until the situation is fixed by the SEC, it exists.
But there is a fix that can be employed by everyone holding UCOI shares and not wishing for someone else to borrow their voting rights. You simply disable margin in your account or transfer your shares to a nonmargin account which creates an immediate call on your shares if they have been loaned. Simple fix.
And if enough of you have been innocently holding your shares in a margin account and switch to non margin, we could have us a decent little short squeeze here.
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