ttccrr... You obviously have thourghly reviewed all of my posts here, on IHub & on Yahoo Arm.. S&L may do this because PTSC may have a deal with them to do so. It would be one possible vehicle for reducing the number of warrants S&L own (and possibly, concurrently, continuing share buy back).. which would actually be beneficial to PTSC & PTSC shareholders.. would you not agree. You're right, S&L I'm sure would love to get more warrants priced @ 1.5 cents to eventually convert to shares.. but the plan I believe is to try to reduce S&L's warrant numbers... and I hope in the last couple of quarters they have made a nice dent in them (beyond the known 2 mil/month). Now.. S&L are sitting on what 100+ mil shares & warrants? Do you think they are going to sit on all of them until we hit $3.. $5?? IMO they have been selling into every run we have made.. because it is pure profit for them.. cash in the bank (with a helluva alot more where that came from).. but then I obviously don't know for sure.. that is just my opinion.