I think you are dead on, about revenues

... it's real hard to "spend' Potential...although a Quick, Favorable re-exam IMO would move the stock upwards. Also IMO such a move would be minimal as compared to license agreements that were hefty and more than that, showed some sort of ongoing revenue for subsequent years.

It's real hard to calculate a P/E with no repetitive earnings factored in, many analysts exclude one time charges just as they exclude one time revenues in this calculation. The "street" usually looks for long term revenue forecasts and expects such before "large' investors are lead to the stock by highly regarded analysts.

On the plus side, if and when such licenses are delivered, I believe they will come in fairly fast repetition and that alone will move us to a PPS that gets us institutional buying, more  "buy"ratings, and a move off the BB to the NAZ.

Our big problem now, IMO, is any delay this re-exam will caue in Meaningful licenses and maybe even a delay in any trial date that might have been foreseen in the upcoming months. The defendants in court and any potential licensee will do their best to draw this out for as long as the can to try and use up any cash reserves PTSC has by having to use it for legal fees.