You are fully aware that my reference to net income was to monies available to PTSC after deductions of ALL expenditure outwith the MMP costs.

As has been pointed out to you, less than 5% of the of the licensing revenues received has had to be written down. Yet despite this, you regularly and repeated roll-out this constant diatribe which takes absolutely no account of the parlous state of the Company that existed prior to its receipt.

Obviously, an honest and pragmatic approach to the presentation of all facts is beyond the remit of this repetitive denegration which is both highly selective and significantly untenable.

By analogy, it is like the doctor berating his patient for weight loss while completely overlooking the high fever, broken bones, and blood loss previously sustained in an auto accident which need remedying firstly, and wondering why there is no speedy recovery.

I can see the obvious, and more importantly, the motive.

.

.

.

Be well