Your $5 dollar/share seems perfectly reasonable. The question is what the timeframe is. End of this year - not likely. By year-end 2009 is a possibility. Given the business model that Goerner is developing I think this company can grow very nicely. But we would need a few Q's of increasing revenue from the developing businesses. The licensing fees and royalties on the MMP will be secondary.
PTSC is morphing into something very different from what it was just a year ago. The SP is still very low but the future seems so much more promising. For all of the abuse, much of it justified, that the board of directors has been given they must be given a thumbs up for hiring Goerner. This one they got right.