Swartz [& Lincoln if I remember correctly] had expliciate right to short this stock, and it had everything to do with the the previous warrant repricings of the past.. That downward pressure to reset warrants is no longer there.. but in actuality as all here know, most warrants have already been reset below a nickle.. many way below that, so in reality settting a lower price would be, well, hopefully impossible.

The exercise prices of Company warrants held by Lincoln and Swartz will no longer be subject to downward resets based on the trading price of the Company`s Common Stock.

http://www.ptsc.com/news/press_releases/20060210.asp

As I stated ealier, hopefully S&L`s right to short was also taken away.. and I assume it was

http://www.agoracom.com/nonmemforum/msgreview.asp?id=443331&refid=443312&orig=443260

Regards