Re: Could S&L be out of shares????
posted on
Apr 12, 2007 06:16AM
Look at the Proxy for the SHM and you will see, that Swartz is no longer owner of more than 5% of Patriot.
So I assume they sold nearly 19mio shares/warrants while Lincoln was selling about 6mio shares/warrants (current status quo = 8,52%) - and one could speculate, they sold it to the same "entity", who is accumulating since last year.
So it might be, that Swartz is actually out of shares/warrants, while Lincoln still got some.
GL from Europe.