S&L were holding 32,248,173 shares on February 28, 2007, of which 23,845,100 were issuable on the exercise of warrants.
7,000,000 warrants have been purchased by PTSC, balance 25,248,173.
S&L are now holding 30,384,129 net of warrants on August 31, 2007.
Given the warrant conversions from March 1, 2007, how do S&L now hold more than on February 28, 2007?
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