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Message: RE: Any truth to the rumor that Biajj sold all his shares and retired to a Tibetan - teremoto

RE: Any truth to the rumor that Biajj sold all his shares and retired to a Tibetan - teremoto

posted on May 25, 2006 09:51AM
yes my post is a reflection of frustration. and i did

not post all of my feelings. i hope to see a settlement

prior to J3 but am hesitant at best to believe we will

see one. if j3 settle we will get a bump and i will

exit (i understand my logic is flawed and i live with

this and cope the best i can). my real frustration is

that after the SHM i learned that PTSC is still a

rudderless boat that has no real stated vision other then

to let the attorneys provide settlement income. i had

hoped Turley would have provided a needed direction and

vision for the company. but i dont see it. and yes

things can change and Turley can point PTSC into a

beneficial acquisition. i no longer have much faith

in PTSC management and even question if they could

manage an acquisition (i know this sounds negative but

this is my mindset currently). i am also bothered by the

fact that the advisory board has never met. all this

did was remove the strongest critic of PTSC management

from posting. i trully miss brians posts.

i am also frustrated by TPL not pursuing royalties yet

stating this was the business model on their website and

PR`s. PTSC pared the entire engineering staff and

we have only a BOD now as the soul of the company. The

BOD granted themselves options yet none of them have

ever really gone to bat and purchased shares of their

own company. and we are just too tied to S/L for my

liking and they still retain the option to short.

i want PTSC to be successful. i, as others,

have a lot at stake financially. after all these years

of waiting and watching countless missteps i have lost

faith in PTSC`s management, regardless of who has been at

the helm.

there are some really good folks on this board and i hope

PTSC future is bright and prosperous.

best to all and sorry for posting my frustrations and casting any negative spin to a board i respect greatly.

t`moto

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