In addition, consistent with applicable securities laws and Patriot's insider-trading policy, the company's directors, officers, employees and consultants who have knowledge of the terms of settlement are restricted from trading in PTSC shares until after the company's quarterly financial reports are publicly filed next April.

So does this include all parties involved such as TPL/Alliacense and The J's and all counselors etc. ? Anyone who was and is privy to the info.

Insider Trading

http://www.sec.gov/answers/insider.htm

Examples of insider trading cases that have been brought by the SEC are cases against:

• Corporate officers, directors, and employees who traded the corporation's securities after learning of significant, confidential corporate developments;

• Friends, business associates, family members, and other "tippees" of such officers, directors, and employees, who traded the securities after receiving such information;

• Employees of law, banking, brokerage and printing firms who were given such information to provide services to the corporation whose securities they traded;

• Government employees who learned of such information because of their employment by the government; and

• Other persons who misappropriated, and took advantage of, confidential information from their employers.

I am glad that others can not (legally anyways) take advantage of the info. that is not public knowledge. But after seeing todays volume I would seriously question insider trading. I may be a bit naive :)

Would it be possible......this way out there everyone (be easy on me); I been racking the little brain that I have on the terms of the settlements (or whatever you prefer) and the secrecy. A big what if?

What if the J's said okay one of our term is no dollar amount shall be mentioned.... so that we may purchase shares of ptsc until it is required by sec. With this thought, the J's can buy shares at a discount until let say april and then when the quarterly's are out with huge dollar amount in the coiffers...............well I told it is way out there.

Oh I forgot no insider trading. :)

glta

Tom