posted on
Dec 22, 2006 06:18AM
The origninal agreement, which is the SEC doc I was referring to back in Feb 06 specifically joins S&L together and together they can not own more than 4.99%. In the doc you reference they are changing the percentage. Don't see it as decoupling S&L. If that was the intent, I think we would need a new SEC filing splitting up the warrants into two separate entities.