Along with the many and continuious memorializations of failures, losses, and warning disclaimers as a result of the BOD's years of poor business practices and judgement failures, I came upon this note:

"In August 2014, the Financial Accounting Standards Board issued Accounting Standards Update (“ASU”) No. 2014-15, "Presentation of Financial Statements – Going Concern." ASU 2014-15 provides guidance in generally accepted accounting principles about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. ASU 2014-15 is effective for annual reporting periods ending after December 15, 2016 and for annual periods and interim periods thereafter (fiscal year 2017 for the Company). Early adoption is permitted. We have not yet determined the potential effects of the adoption of ASU 2014-15 on our condensed consolidated financial statements."

PDS is operating under a "Going Concern" warning, and has been for the past 4 years.

My guess is that for PTSC's sake, it's a good thing these "Going Concern" Accounting Updates don't take effect immediately.