With all due respect - it seems awfully naive to think that an "SEC attorney" will advise shareholders on how to go about "changing by-laws" etc. This ain't my first rodeo and I have invested in maybe a hundred different stocks over the past 20 years.
I challenge you to find me just one stock ANYWHERE at which and Boards of Directors via their by-laws DO NOT lock up control just like PTSC has done.
To think we will get a How-to-Guide from the SEC in how to force change of a publicly-held OTC company is bordering on absurd. EASY ANSWER FOR MOST COMPANIES-BUY UP MORE THAN HALF OF OUTSTANDING SHARES AND HAVE A MAJORITY OF VOTES BUT REMEMBER IN SO DOING YOU WOULD LIKELY TRIGGER A ROUND OF DILUTION MAKING YOUR EFFORTS INEFFECTIVE. IT'S A RIGGED GAME. ANY OF US ARE FREE TO START OUR OWN COMPANIES AND DO THE SAME THING. All of this stamping of feet and talk of doing something about the PTSC BOD is a waste of time just like it would be a waste of time doing it with any other publicly traded company. They all work the same people. If you want to be a board member start your own company. Stop the endless bashing of this one and either wait for the USPTO or SELL. Very simple. Over and out.