The MMP is still in relatively good shape and with PTO recert we can bring in revenues. Most have all suspected this to be the case. We are here for the MMP.
BUT......
It appears that all the twisting,spinning, tap dancing logic of the strongest BOD supporters...that even the BOD has admitted they screwed up and squandered all our cash on bad investments. With this admission the BOD states that maybe share buybacks and dividends are the new direction of PTSC. Incredible!!!!!!!!!!! We blew it share holders because we are NOT qualified so now we will just collect our salaries and issue dividends. This is leadership at its best. Do they step down? No. Do they reduce their compensation packages? No. Now they state our mission is to actually not do anything so we dont screw up anymore.....but we are the BOD and we will collect salaries for not making any more bad decisions.
So with a game plan like this and the current BOD still in place...who will invest in PTSC? Investors looking for dividends on a 10 cent stock that has no competent management? The dividends would need to be quite large for an investor to take the risk. Their is no need for a BOD if this is our direction and goal. The BOD is needed to move a company forward.....not tread water until the patents expire and the revenue dries up.
Maybe I am not interpretting the info reported back....but this is how it seems to the BOD basher that I am.
teremoto