Here's a real easy one for you:

If you were S&L, what price would you have sold for?

The only reason the cycle ended was the agreement reached between PTSC and S&L to buy out S&L's legally binding contracts, which included dividend payments on the unconverted warrants and debentures.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=4221982

If you are suggesting that either this or Johnson's presence on the BoD was somehow illegal, I suggest you raise the matter with the relevant authorities.

In my very humble opinion, S&L could have held out for substantially more than they actually received without shareholders seeing any dividend payments whatsoever. They didn't only have the best hand, they held all the cards.

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Be well