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Message: About the NDA
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Jan 05, 2008 03:17AM

About the NDA

in response to by
posted on Jan 05, 2008 04:01AM

Hello,

I made a statement about the NDA at the beginning of the week. Some other parts of my post were labeled as bashing and fearmongering by some. (hey yoda, do you think it is low enough yet, or should I wait some more?)

Anyway, I didn't see much about the NDA. I will say again, If there is a monetary settlement to a major court case (as in this instance) It HAS to be reported under fair disclosure of a material event. I believe even if it is a structured settlement of x millions per year that still is a material event. An NDA does not supersede SEC requirements. That makes it  suspect as an unknown, and IMO is keeping the price down. PTSC is known on the street. The street had decided to ignore it for now. When there is significant trading going on we see millions traded. That is proof that PTSC is known, as it is all retail buying.

IMO the best thing PTSC has going for it is the continued licensing. (but then again with no $ info). If that can be maintained then I believe the price will go up again. If PTSC continues to announce with no $ attached, then the Q report will be the next chance to see what is going on behind the curtain. That will make it even more critical to deliver as doubt is already in place. I still don't think it will ever go past the previous high of 2 and change but that is a significant appreciation from here. (I would be very happy with %300 - 400% gain)

My disclosure is that I don't have any now. But I do not buy on the way down, that is for beginners, and there is no use bashing it. I will buy when it goes up, that way I am sure it is moving in the right direction.

Good luck, I will be interested to see any opinions as to why the Tejas settlement does not require fair disclosure.

(I) can't wait

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