I think a new investor looking at ptsc for the first time and seeing 60 million shares outstanding vs 300+ million and an additional $20-30+ million in the bank makes ptsc a much more attractive stock...not to mention what a nasdaq listing brings to the table.

If market perception is your concern, the otcbb status yields a much weaker perception than does a reverse split done from a position of strength, imo. The exposure to new investment dollars also grows.

I think it would be wise to ask management about this tactic vs dwindling cash reserves in a stock buy-back program at the upcoming shareholders meeting, not in a effort to attack, for they have done a stellar job in bringing this company along in a short period of time, but to rather help shareholders get a sense of where they go from here.

Best regards,

DB