Mvaar, 

pretty much the way i see it also.....except there have been moves with respect to warrant removal and the addition of the 2 new bod's that at least raise the possibility that the company is attempting to move forward.  i think the jury is still out on the jv. 

 with so much postive going with the company in general you would think the speculators would push us higher.  our pe is anemic, we have no debt and have been profitable over the last 8 quarters yet we are rewarded with a pe that is a breath away from 0.  we should be a speculators "dream stock".  the market and speculators do not favor this stock.  IMO it is not the large float or the pending court case.  we were rapidly driven to over $2.00 prior to the Sony deal and SHM with all the same float and same court case.  we are in much better shape today.

when you have no employees and no physical product, the company is its BOD.  i have been banging the bod drum so long that Fut wont even talk to me anymore.  The market is a mix of fundamentals and market perception.  what we lack is market perception and that is a by product of management.  the bod has been weak.  at least Turley was smarter enough to see their income could be put to better use.  (imo) the repeated issuance of dividends and the reality after the SHM that we were not pursuing royalties (a predictable revenue) damaged this stock...i believe we could have overcome the predictable revenue stream objective with a strong proactive bod......market perception.... bod is clueless what to do with its cash.

ptsc came out of the markman in a strong position.  the potential for huge revenue is a real possibility with ptsc.  we need JT, with his 2 new tech buddies, to perform.....show the market that ptsc is more than a BOD with stock options and montly allowances.

teremoto