Read it. Understand it. See how it is right on target for what is going on with PTSC. Understand that is the result of changing views in the accounting world and that PTSC is addressing the issue now, rather than later. Understand that it is less of an issue regarding the current slew of companies that are restating financial statements because of their policy of backdating options. Big, huge companies that use big, huge accounting firms and pay them a ton of money for advice. And still these great companies that file on time, etc have to restate prior financial statements. Understand the issues. Understand the cause. And you will understand what is going on here.

The link above addresses the issue concerning the warrant conversions. The other issue, whether to consolidate PDS with PTSC in their financial filings, is an issue that WILL NOT AFFECT PTSC`S BOTTOM LINE. The only thing it will affect is the way the info is presented. That`s it. It`s a non-issue.

And by no means, EVER listen to what drebbin has to say. He has tried to mislead more than once on this board.