why bash ronran.....he stopped posting..okay...but the stock price collapsing is not his fault.......the BOD has caused this collapse. There is no other way to spin this. The BOD has agreed to each and every move from the J3 NDA to the Sony deal that benefited only TPL, the issuing of dividends for the purpose of appeasing their boss (S&L) to the ARS. PTSC BOD has done nothing to enhance the company. The BOD does not show up at the corporate office. there is nothing going on at headquarters...it is a mail drop.
we are a shell company and after the Q release...the market pretty much see this. The company is a willing partner with TPL to hide any and all aspects of the settlement or lack of settlement. The only way we can recover (IMO) is a full immediate disclosure by PTSC regarding the J3 settlement. Unfortunately this will not happen. PTSC has sold out the share holders to a debt financer and TPL so they could all collect monthly salaries for never having to do anything. I dont see the share holder as having much recourse to steady the ship. We have made millions in 2 years of collecting on the MMP. How much does PTSC have in the bank? Where did the money go? Salaries, BOD expenses, office rent for the mail stop, divies for S&L......The only bright side (if one can say there is a bright side) is that the options they have granted themselves will probably be worthless.
this really sucks.
teremoto