RE: TPL`s interest in PTSC .. This should be no surprise to this Board, some
posted on
Dec 29, 2005 10:04AM
Your speculation is probably highly accurate, given PTSC`s deonstrated role in aiding TPL, is to keep the share price as low as possible - I`d say they`ve succeeded in that.
Question is, what will it take to shake the booger (named Swartz) off the finger of PTSC? Even at fire sale prices, TPL won`t want to take on a stock that`s chained to the floor.
A second question could also be with all the warts PTSC has, is that $30M write off worth it all?
Thirdly, does TPL even have desires to go public?
Regards