Of all the scenarios suggested over the years, the one that I find the most difficult to believe is that PTSC might not now be SEC Compliant with its reporting requirements.

"If a company is subject to the reporting requirements, it must file information with the SEC about: its operations; its officers, directors, and certain shareholders (including salary, various fringe benefits, and transactions between the company and management); the financial condition of the business (including financial statements audited by an independent certified public accountant); and its competitive position and material terms of contracts or lease agreements"

Before anyone jumps on the "material terms of contracts" requirement, I would merely point out that that is satisfied simply by advising of the contract with PDS and revenues received. PTSC does NOT license the MMP Portfolio, this has been outsourced to PDS, a private company.

It is my belief that PTSC is FULLY SEC COMPLIANT, wanting more details than those required by law does not make a company non-compliant.

Be well