I've always wondered about the S&L constellation and suspected, that S&L owned 19,99% with voting rights for only 9,99%.
After receiving this answer from Patriot (and comparing it with the traded shares in January/February) I came to the conclusion, that my assumption must have been right.
I guess, it was one of the major goals of PTSC to reduce the size of Swartz' ownership - of course without letting everybody know (guess, what would have happened, if they told us "btw, SPE will sell about 30mio shares in the next months...").
And I've always been convinced, that LV and SPE were two entities in ownÂ
hand (Eric Swartz).
I know speculation, but IMO it makes sense...
Good night everybody!