RE: DotOB - RE: jstick....../ Market cap
posted on
Jun 05, 2006 08:43PM
No not at all in fact even if we only received a 25% cut from TPL I now believe it would be far better than what the BOD of PTSC could ever deliver. They are completely inept and if it wasn`t for TPL we would be a nickel a share with 1B outstanding. That`s their game and they are very good at what they do. How else can you explain 19 years in business not having done sold a thing. At first I wasn`t too thrilled when we gave TPL sole licensing power and took a 50/50 cut but as time progressed they have surpassed my expectations. Patriot on the other hand continues to disappoint thus far.
Everyone on the board speaks of Ignite but from what was taken from the SHM that is all but dead. Just my opinion but I see it going were its gone over the last 10 years - nowhere. I always thought it was because we were cash strapped but now with the cash on hand we completely ignore it. I hope for your sake and mine it does come to fruitrition but I remain pessimistic.
Bring back Giff?? I`ll assume you were being sarcastic with that one LOL! No but seriously if you can get away with employing a good part time CFO more power to you but in no way can you use this to say Pohl and the BOD are “working”. Again what have they done, aside from administrative tasks, on vision/plans to create a business.
With Swartz you have a point with your double edged sword analogy. I completely understand but he is another cockroach that we need to get rid of.
Common Lar you and I have been here long enough to know who the 6 cent divy was really for. Hell if PTSC has no plans for using the money to grow the business I`ll take it every time no questions asked. For us longs that divy is a 60% return on our money, can’t beat that anywhere!
Advise how and why Falk and Felzyn should be removed...well I do know how but we can never muster up a majority share vote. As to the why, why not? What have they done besides warm up a few seats, get 3K a month, and now some options that 5 days later were $250K in the money. You give me a good reason why they should be occupying a seat if they have nothing to offer. I`ll admit bringing Turly on was great but will he produce or become as stale as the rest. With all respect to Turly it’s still too early to tell.
The Swartz`s narc will never be out of a seat as long as Swartz is involved with us. Pointless even to debate.
I`ll pay 3X what Pohl is making today for someone who has a plan they can execute. They have had 1 full year if not more to at least come up with a plan for the future. Instead what do they do, fire everyone and grant themselves options. Is this leadership? Again the question begs what have they accomplished over the past year?
Lar you seem like a stand up guy and I have great respect for you,. I`m just an average working shmuck like allot of folks here so I`m in no position to take over a company or sit on the board but I know deep down that Pohl and company are not the ones able or even willing to take us to that level we all know is possible.
dot