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Message: Re: Viable Candidates Denied Opportunity On Ballot At PTSC For BoD

No, you do not own it. You and I own shares in the company. The company, PTSC, owns part of the 336. CM owns part of the 336. I do not know if CM owns shares in PTSC. TPL has the contract to negotiate the licenses and collect the fees. TPL is under contract to deliver a percentage of that money ( as they determine ) through a company. That company then delivers that money ( or some of it ) to PTSC. PTSC through its board spends or invests that money. Their job is to grow the company and increase the share price of the stock for the shareholders ( that would be you and me and thousands of others).

You, nor I, own any part of the 336. Ask CM. He has gone to court to say he owns it, or at least his share of it ( 50 percent). I believe he has a better chance than you or I going to court and claiming any kind of ownership of the 336.

It is the board that has control of PTSC's percentage of 336 ownership. It is the shareholders that are legally the ones who have control of who is on the board. If you buy all the PTSC shares outstanding and take the company private then I would agree with you that you would own part of the 336.

Don't be surprised if someone does buy PTSC's ownership of the 336 or the whole company for that matter. The current board has the power to do just that. And you can still, like the rest of us, vote your shares to stop the sale. You can even try to get a seat on the board. How many shares does one need to get on the board anyway?

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