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Message: SGE1 / Re: d2006s / Re: From Gloria: Date........March 14, 2010...LL
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Mar 23, 2010 01:59PM

Are you arguing just for arguments sake?! lol

Regardless of how you want to frame the argument, you or I don't get to dictate how shareholders will react, nor are Agoracom participants or SHM attendees the full universe of PTSC shareholders.

So the "legal action" you "suggest" versus a selloff by fed up shareholders (I never suggested an "organized" selloff btw), is immaterial. The point is, as usual with PTSC, the communication is not uniform. Expectations, which you clearly share, regarding action on PDSG, have been created and come largely as a result of info shared here, not with the "public market".

Those investors who don't participate here, or who weren't at the SHM, have little reason to place the importance on the 120 days for PDSG that you do. If there is action of a sell off, or of legal action as you recommend, if expectations are unrealized at that point, those other investors have little reason to expect it.

That the BOD member seems to consider our posts here, or her private e-mails as "full disclosure" and apparently is RELYING on that communication in lieu of official company communications of same is why they deserve criticism at this particular time and any particular time that they continue to act in that manner.

Maybe this will help you to understand the perspective a bit more. What if Carlton Johnson sent a private e-mail to an investor on a message board you never heard of in response to their query 85 days after the SHM wondering why no permanent CEO had yet been named. And in that e-mail, suppose he indicated that within 2 weeks he "expects" the company will name a new permanent CEO that the board expects will move PDSG forward according to the manner previously communicated. And what if that person shared that info with the other posters. Do you consider that appropriate disclosure?! Afterall, that's within the 90-120 days discussed at the SHM. Do you think that you are entitled to that information? Is it not adequate that the SHM provided as much and that the shareholder conveyed that info accurately to his fellow message board posters? What if that CEO turned out to be Jack Welch and what if all of those posters bought shares over those 2 weeks prior to the official announcement.

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