With this "exit strategy" stuff. They have already done that with the warrants being removed for the extra 7 mill or so shares. Schwartz really is just another shareholder now he just happens to own quite a few shares.
I'll say this, I have spoken with him on more than one occasion and he has consistently said to me that he wants PTSC to succeed. That does not mean that he is not a net seller, just that he has reiterated his desire for Patriot to make it big. What would you do if you owned 10, 15 or even 20 million shares at ridiculously low prices? You'd be doing some selling from time to time.
BTW, I agree that Giffhorn was a slime ball but don't forget we had the same basic board that we have today that voted yes on that "deal with the devil" including our beloved David Pohl.