I wouldn't discourage your idea at all, however, I certainly do not expect the BoD to respond. On the other hand, if we list enough concerns that may be of interest to the SEC, perhaps a letter could be submitted to the SEC representing a group , especially if there are enough valid concerns to submit to the SEC to conduct an investigation.
Also, it is not a bad idea to read through some of the suits filed by the SEC to see if the charges sound like they might be applicable to PTSC activities. For example, this case may be of interest. I'm not suggesting that PTSC's BoD/Management are guilty of anything. I am merely suggesting that if you have any information or belief that shareholders have been wronged, you may want to write to the SEC.
http://sec.gov/litigation/complaints/2011/comp21970.pdf
For all SEC litigation:
http://sec.gov/litigation/litreleases.shtml
College, if you would like to head this effort to solicit concerns from shareholders...here is one of my requests for the BoD.
Please confirm or deny that bylaws were amended to reflect the final voting results for Proposal 3 for Majority Voting. If confirmed, provide a copy of the amended bylaw. If it has not been done, provide reason(s) why it has not been done.