Re: tcr- accumulaton theory.. Pohl 'Perplexed'..BaNosse...

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SGE1

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Re: tcr- accumulaton theory.. Pohl 'Perplexed'..BaNosse...

in response to

Re: tcr- accumulaton theory.. Pohl 'Perplexed'..

BaNosser

posted on May 13, 2007 08:26PM

I noticed your response to this post

http://www.agoracom.com/ir/patriot/m...

though I didn't get the connection: warrants off the books? If accumulation/control were their objective, why did they covert the warrant?

But I saw no respnse to this post, re: TPL:

http://www.agoracom.com/ir/patriot/m...

In the post to which this replies, you say:

"So he decides to convert warrants, but needs to sell a near equivalent number of retail shares in order to stay under that 10%... but at the same time he has entities buying shares of PTSC on the open market and hiding them (this is the part I am not sure is possible, but guess is it could be done) so he does not have to file with the SEC because his 'holdings' remain under 10%."

Though you acknowledge that you aren't sure such a thing is possible, IMO the reality would ultimately reveal itself, and he'd (S&L) be in very hot water.

Just enjoying the discussion/friendly argument. It's interesting how "camps" form over this type of speculation. In any case, it helps keep the gray matter busy (no, not what's left of my hair - the other gray matter! LOL).