I've owned PTSC for 7 or 8 yrs. and am currently invested at about $.15 a share. Thought I couldn't miss as I waited out the market and worked my share price average lower.
I read the blog a couple times a week, digesting the technical, and legal thoughts of others more skilled in these areas. Not having much to contribute, I've held back. But now I see a way to contribute, so here goes.
I've noted that fear talk and anxious bickering has taken over the blog. That is, of course, a sign of bottoming as the pressure builds and people bail. Everyone (including myself) is feeling helpless. A few bloggers, have suggested suing everybody. Probably better than offing DL, as someone wishfully thought out loud.
I have two suggestions to actively deal with both the problem and our anxieties:
1. (Non-Christians, please excuse us a minute) Keep in mind 2 Timothy 1:7, “God has not given us a spirit of fear, but of power, love, and a sound mind.” God has ultimate control as our provider, not PTSC. This reality reduces stress and helps us keep perspective. This does not imply we just roll over and do nothing, however.
2. Start a legal defense fund (LDF) among shareholders.
The LDF would be advised by an attorney.
Funds to be held in the attorney's trust account.
Goals and actions would be set by the members and/or committees of the LDF.
Communications among the LDF members would be paramount, so we would need to develop an Email list or something similar.
Rather than elaborate, I want to see if there is a grounds well of interest. If there is, I will summarize suggestions and complete my proposal.
Thanks,
Mike