Pinetree says "they will use available cash on hand" I think they mean what they say and have the "available cash on hand" and will not need to sell anymore PtK. I don't think they are any longer responsible for the sp dropping. It's probable the shorts causing the problem right now. Nothing to be concerned about except it's a good time to pick up cheap shares. Of course it could still be that the price is being held down for cheap options. Either way no problem.