Lambert,

How do these filings prove otherwise? If you look at S/L's 13G filings you will see the shares S/L owned but not the warrants as they were yet to be converted. Now what people on this board have been pointing out over the years is that there were  loads of warrants granted to S/L during the PIPE'ing days ...over 100M all of which are now gone essentially making it into the float and increasing the OS. How did they get there? The answer and the only answer is that S/L converted those warrants into shares and sold them. If he held all the converted warrants he would probably own > 50% of the company which is against the provision PTSC set with S/L to not be able to own more than 9.99% of the OS. This is why he had to sell the converted warrants.

I also see we payed off LG as well...now I'm not surprised as he was the PIPE architect but it surely is disappointing to give the guy who f'ed all the retail longs another $500K cash and 200K shares. A guy who never ponied up his own coin to purchase any significant shares of PTSC. I'm sure there will still be some on this board who think it was a wise move.