Luxor Capital neither bought nor sold any PLL shares between July 2006 and October 2007. They did not exercise their warrants that expired September 2007. LCG only has control over 5,493, 200 shares and 700,000 warrants which gives them 8.03% control.

Does this mean they are no longer considered an insider or are they still considered an insider because of their JV agreement on the iron mine?