If you recall it differently, please advise. If there was an alternative way of eliminating the warrants (which there may have been), please advise. I suspect it may have been possible for a one time buy out from the coffers of PTSC. If that were possible, would that have been your preference? Or was it better to let the market absorb that cost?

Also recall that, at the time when dividends were first issued, I aggressively voiced my opinion that instead of dividends the money should have been either invested in an absolutely safe place (i.e., US Treasuries with an assured, fixed, predictable ROI) OR used to eliminate warrants because they were a drag on the stock, or some combination of the two. I was strongly opposed to dividends and M&A.

SGE