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Message: RE: Is the O/S now over 365,000,000?

RE: Is the O/S now over 365,000,000?

posted on Feb 24, 2006 04:17AM
The 30,167,239 is the Max. # under the current 9.99% rule for each of them. Hard to know how many they held prior and how many shares came from debentures.( I never got confermation from anyone on aprox. #) Lots to read in the agreement including what seems to be a waiving of their rights to dividend on some 57mil warrants. Also what looks like PTSC giving Lincoln a final warrant reset to the lowest one which is .015 I continue to believe that the current chain of events was mainly for the benefit of S/L to either thwart a current or future controlling interest play,(giving them a larger position) with a much higher share price, or giving them enough control so they would approve some type of merger with TPL. IMO joe
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