It can not and could not be effective because it involved be implimented and approved by shareholders, illegal if it was utilized before being approved and under take over bid rules, it would be considered a defence tactic that was/is not in the best interests of the shareholders or the company. The evidence of this tactic being destructive and not in best interests is clearly reflected in the company,s treasury, the long period to close the present PP, and the share price, not to mention all the things it has caused to negatively effect.