your statement: "Management's job is to increase the value of the company. Pohl and JT have done that. The MARKET establishes the share price.  

My feeling is that the market establishes the price on the stock based on its perception of the value that managment has brought to the company.  we trade at 67 cents....is this the value that the market has rewarded the BOD?  I believe we are undervalued based on the potential license revenue and the stated intention of JT to acquire additional revenue streams.  IMO we trade at 67 cents because management does not have a track history of any success with respect to generating revenue for PTSC.

your statement:  A shareholder stood up at the last meeting and stated the correct reason for the low price. There are too many shares. It's that simple. That fact is out of JT's hands. It is a legacy of the S&L toxic financing, but for which PTSC would not be in existence today.

my opinion is that a share holder has every right to voice their concern over the share price.   This issue is in JT's hands and he does have the ability to spend some of the license revenue in an aggressive share buy back.  PTSC has bought back shares....some feel we could/should have bought more....so the issue is in his hands.  i pesonally believe PTSC should buy all it can...because i believe we are undervalued.  As for the toxic funding that we have been straddled with by LG....it is our legacy and has helped keep the doors open.  but we have paid a tremendous price for this funding and my opinion was that the dividends that specifically included the warrant holder rewarded our toxic funder at the unnecessary expense of the share holder.

your statement:  If shareholders are going to harangue management at the meetings, they should at least have a logical basis for doing so. Scolding JT for not personally buying shares for his own account is insulting. If that tactic worked, imagine the OTC games that would be played. Do we need JT being accused of manipulating the price, insider trading, etc.? Don't we have a reputation to protect?

my opinion is that harangue is a bit strong.  but apparently an opinion was expressed to managment.  if JT feels insulted that we expect our managment group to have seen value in the stock beyond their granted options....what is wrong with that.  PTSC managmement is compensated in cash and options...other than JT....what has the other BOD members done to earn this?  IMO...very little.  JT manipulating the stock price because he felt we were so undervalued that an investment with his own cash is wrong?  seems a lot of companies have insiders who purchase their own stock when they perceive there is value.  What reputation do we have?  Our current reputation has fluctuated between "a one trick pony" and a "patent troll".

your statement:  Current management is licensing companies, scouting for acquisitions, for which we need to be able to estimate our cash flow, impossible before the settlement.  

Criticizing management because they didn't "do something" to push the share price up is brainless, empty bellyaching. 

my opinion is:  current managment is licensing companies?  current managment has licensed 1 company AMD.  the others have been licensed by TPL. 

i support managment for their performance and i critcize managment when i feel they have not performed.  i currently cannot make a strong case for praise.  sorry...just the way i see it.

teremoto