It is a leap of faith on my part... but seeing the warrant numbers (prev 10Ks & Qs) that S&L once held.. over 100 mil (120m?) in the not so distant past.. and seeing that their holdings as of Nov of '06 were under 30 mil... I have jumped to the conclusion that S&L have been converting warrants.. and to stay under the 9.99% cap they have, they must concurrently sell nearly the exact number of held shares.

And as per Hawk's response to patientman (IMO confirmation) .. if PTSC does not want to be viewed as a P&D.... someone must be D-ing... cuz we know PTSC ain't P-ing