(edit/edit) have you guys forensically tracked the shares that were 'sold' to Darby and Capital Growth(or whomever) as a result of the whole Oklahoma City case? were there 250 million shares that the company 'sold' them? did those get deposited at DTC?
i am speaking very roughly above, as i dont remember all the details nor even understood how all that was worked out as far as the Darby/Capital Growth (?) stuff worked out (and other details with the OK CIty case........
But if you're saying that the brokers need to find somewhere under a billion shares, then clearly there are some valid shares currently being held at the DTC right now?
That's probably why many shareholders did not receive ballots for the shareholder vote a few years back. Many shareholders had to ask for a ballot, as they were not sent to them. Even some who asked, I believe, never did receive a ballot.
The brokers couldn't have more shares voted than the number of shares that existed in the certs in their possession, as that would make them look very bad.
The brokers need to find just under a billion shares.