It doesn't matter that some choose not to vote. It doesn't matter whether or not votes are solicited... you still have the right to vote and that your vote have the full power to which it is entitled... not diluted with more votes than permitted. It's just principally wrong to have the ability to cast more votes than have been issued. What if everyone did vote, and the total votes exceeded the O/S?
Plus, it's principally wrong to lead one to believe they have physical possession of something at a point in time, when in fact he does not have possession. If there were not a borrow of shares and those shares "locked" so that they could not be lent out again until repaid, then he does not have possession of anything but a promise to produce it at some point in time, which often exceeds the allowed clearing time.
I have a question for you. What is the difference between a pump-and-dump criminal and a short-and-distort criminal? It's funny how many who claim to have never had any financial involvement with some pinkie revoked years ago spend their entire days screaming "scam"! Yet, when it comes to the equally criminal short-and-distorters, these same people either go mute or even try to justify the second. I don't understand the bias regarding one side of market criminality fence versus the other.
Why would you have so little problem with what Anthony Elgindy, Sam Antar, Barry Minkow, et al.? Urban may be a slimeball (I am not a "cyber-vigilante", so I'll wait for a court to pronounce him guilty), but Barry Minkow? LOL! The guy posed as a reverend, took his church's donations for "God's work" and used those funds for his short-and-distort racketeering through his phony "Fraud Discovery Institute". But, no one seems to be as condemning about these guys.
BTW, doesn't the documents indicate enforcement refers to this as "The Edwards Case", and that he was the "mastermind"? I also read that it was Edwards, not UC, who controlled the ledger and all stock issuance. Yet you say UC issued them all. Which is right, you or the documents?
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