For months and years you have been warned
posted on
Jan 19, 2014 06:24PM
How many months and years have gone by with Ron, Brian, Laurie, Ease, BaN and I attempting to wake up this board and other shareholders to the fraud and/or mismanagement being perpetrated on we shareholders of PTSC by our Board of Directors and the Leckrone family.
Cliff, Gloria and Carl did not wake up yesterday and decide to do their least for the average shareholder. They have been taking it to us for years. Their most blatant public act was to ignore shareholders who wanted to and did basicaly vote them off the board. The lack of seeking the third party on the PDS panel is something I have waved the flag on for so long my arm is tired and there are dozens of other examples which are known to all who are honest with themselves.
Most (but not all) posters on this board and on other sites and in person ignored the folks I mentioned and a few more. There has always been a pollyanish feeling of most shareholders that our Board of Directors had our best interest at heart and that the Leckrones were good people after all, how many times did they tell us that at shm's.
At every public shareholder meeting for PTSC (remember the hide away Chicago virtual meeting?) I became sick and angry but mostly confused at hearing applause for the PTSC Board or the Leckrones and wondering how could I be so wrong as all I could see is business men (and a woman) who I would not bring my dry cleaning to. And yet there it was year after year applause and expressions of gratitude and support for their the words not backed up by action of these folks on the dais or holding the Mic and walking the floor like a King (I refer to DL). When gratitude and follow on action should of gone to Brian, Ron, Laurie, Ease and a few others (I have been so blatantly negative with our mgmt I cannot really blame people for questioning me even though over the past six months or more I have been proven right.)
So now we should be happy that Carl wants to appoint a third party to the long vacant third seat on the PDS panel? I would first like to strongly suggest that Carl, Cliff and Gloria bow out of any interactions with PTSC before a forensic aduitor is finally hired and we see the true tale of what has been happening at Patriot over the past ten years. I also have yet to hear but I hope the BK committee is doing the same with TPL and therefore maybe they will be able to recover some illgotten gains for themselves and Patriot but that would require Carl and Cliff and Gloria to agree to any such action which may prove to be damaging to their legacy or lack there of, of a stewardship at PTSC over the past number of years.
I do not like I told you so's so let me just say that RON, BRIAN AND OTHERS HAVE TOLD YOU SO.
marc
It may be too late or maybe not and if it is not might I suggest that if Ron, Brian, Laurie or Ease have any follow on suggestions on how we should proceed listen up and ignore the Board apologist after all where exactly have they gotten us?