Before all the debentures were converted S&L could not own more than 4.99% of the OS and therefore never filed a 13G with the SEC. I believe this was some kind of negotiated restriction between Patriot and S&L because the SEC doesn't limit anyone from buying more than 4.99% of any company. Now when the renegotiating took place to allow S&L to control up to but not more than 9.99% of the OS beneficially (that means together 4.99% + 4.99%) they quickly filed a 13G to disclose that they were now a > 5% owner. The SEC rule states that if any changes in the ownership (amounts or persons) are made then an amendment must be filed to the original 13G. How the hell they are getting around this I have no clue and I ask for anyones help! The problem with your theory is that S&L cannot claim to own 4.99% each because on the 13G filing they state they own 9.99% beneficially combined. If they were separate entities (which they are not, they are related) then they would have never filed a 13G to begin with.

I am in finance but not this kind....the kind of stuff LG did with S&L is absurd. I'm just trying to untangle it all because I think this has and continues to be one of the most important reasons as to why our share price languishes even after 13 revenue producing deals in the last 18 months. You tell anyone about a profitable company that potentially has the whole chip industry by the balls selling for 60 cents and they would laugh at you in disbelief.