Mr Pohl.. A post I made on IHub...
posted on
Sep 30, 2006 09:39AM
Never thought I would start a post with that sentence..
Posted by: BaNosser
In reply to: ssc6 who wrote msg# 3344 Date:9/30/2006 1:29:23 PM
Post #of 3358
Actually ssc is correct. At this point in time PTSC is COMPLETELY dependent on TPL. The only monies PTSC has incoming are the direct result of TPL/Alliacense work. Thank goodness Pohl & PTSC (& therefore us) fell into the MMP merger with TPL. This reason is why it is imperative that the not too distant decision that Pohl & the Board are going to make regarding how to invest the MMP $$ (merger, aquisition, Naz, Amex, other IP...) is vitally important to the future health of PTSC, and our shareprice.
TPL is moving forward (and quickly) with other potential avenues of income.. it appears to me they are trying to become less dependent on MMP revs. What if they start selling the heck out of Chucks new chips? Less time will be spent chasing MMP infringers. What happens if the new IP they are purchasing begins paying off? Less time will be spent chasing MMP infingers. Those are monies they do not have to share. IF the MMP becomes less of a priority to Leckrone, PTSC and we shareholders will suffer. Personally I do not like being 100% dependent on Leckrone & TPL.
Again, that is why Pohl & the Board's decision, which they have been working on for a year or so, is the most important decision they will make for PTSC & us shareholders. It is the decision that will determine to a great extent our future... and retail had better think highly of it!!
History..
PTSC management, Pohl & the Board hired B&O
PTSC luckily merges with TPL to salvage any future
Pohl & Board announce divy mid Feb (before Casio) when the shareprice was 20 cents
Pohl & Board announce sharebuy back 3rd wk in April when the price is over a buck
PTSC accounting committee misses the incorrect accounting methodology used by their hired Accounting firm resulting in a delayed 10k and an 'e'
Pohl & PTSC select Hoffman Grp 4 months ago
Pohl & Board have stated multiple times that their only other potential in house revenue stream, Ignite & Inflame, have effectively been shelved
Pohl & PTSC Board have chronically & continually voted themselves large numbers of cheap option shares, and I wonder what will be on this next proxy??
Swartz & Lincoln effectively own 25% of PTSC
OK..
Pohl & PTSC Board did retire the convertible debentures
Pohl & PTSC Board did jettison Giffhorn
The above track record leaves me more than a bit jittery when I think about the dirction establishing decision that Pohl & the Board will be making in the not too distant future. I have come to the realization that we shareholders must hold their collective feet to the fire to ensure they make the propper decision for PTSC and for us, their shareholdrs.
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