The speculation is that S&L warrants may be being converted...  the senario for this is up in the air tho...  are they converting into S&L shares as S&L sell an equal number, in order to keep them under 9.9%.. or are they being purchased by PTSC as warrants then converted into shares.. thus increasing the OS?  As was questioned in a prev post.. it does not appear that S&L have had to file inorder to do this, if in fact this is occuring.

There is, IMO, a reasonable explanation as to why our OS has increased, and it is related to this. 

Speculation/opinion

Comments/corrections