Lincoln Ventures (LV) had

- 38,092,451shares/warants as of 12/31/06

- 32,248,173 shares/warrants as of 02/28/07

- 29,624,189 MINUS 5mio warrants as of 08/31/07 = 24,624,189 SHARES

- and of 12/31/06 23,737,829 SHARE - but AGAIN as "beneficial ownership" with SPE.

Swartz Private Equity (SPE) had

- 38,092,451 as of 12/31/06

- as of 02/28/07 there was NO number for SPE, but I received a mail, I posted two times on this board, which clearly states: "...an indication that it did not hold beneficial ownership of 5% of more of Patriot's outstanding stock of February 28, 2007"

- THEN as of 08/31/07 SPE was listed AGAIN (because PTSC "opted" to) with 5,759,940 shares (footnote 8 mentions the 5mio warrants for SPE also, but I reduced the number with the LV numbers, see above)

- BUT of 12/31/06 23,737,829 shares as written above as "beneficial ownership".

I'm not tired to repeat, that SPE and LV had BOTH 38mio shares as of 12/31/06 IMVHO, but for today the more important point is, that LV and SPE TOGETHER had about 30,4mio shares and 5mio warrants (which were bought back as of September 1st and October 2nd).

Thus math should be quite simple, that NEARLY 7 MIO SHARES WERE SOLD between September and December 2007 - LV was not allowed to purchase shares during the warrant buyback period, but we have NO information, if they were prohibited from selling, so we have to assume, the 6mio shares were sold in four months.

If you have further questions regarding the share/warrant count of SPE/LV during the last decade, do not hesitate to ask...lol...

;-))

GLTA