I believe that the constant "bashing" of the BoD has given rise to false expectations as to what can actually be done based on the those "allegations", including the suggestion that the "California Corporations Code Section 2115" will be the undoing of the current BoD.

Even now, there still remains confusion as to the respective roles of the non-executive and executive roles of directors. More so with the SEC requirements for "independent directors". They are separate and distinct, not interchangeable.

As I've been saying for many years, there will come a time when PTSC will need a change of directors, and at that time, I will be calling for "new talent" just as voiciferously as all. But I will not support any nomination based solely on their shareholding.

I'll need to see what their appointment will bring to PTSC other than "more communications", "an increasing share price" (that is not dependant on the MMP Portfolio), and "appropriate experience".

No matter how stellar a person's attributes, give me a candidate with the requisite experience and they'll get my vote, if not, the status quo remains, and no amount of posturing on here will make an iota of difference to the FACT that PTSC is FULLY SEC COMPLIANT.

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Be well