I certainly don`t know the details of the S&L 10% deal, but I would think there is a window for them to sell off enough shares to again be at the 9.99% level. The buy-back, in theory, should raise the pps. So, it would be in S&L`s best interest to have PTSC buy shares on the open market, IMO.
I don`t know how much the buy-back will effect the pps, but it sure can`t hurt us. IMO, another divy during the same time frame as the buy-back would also work to greatly increase shareholder value. I don`t believe this is a $3 stock today, but we are starting to look pretty good.
John