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Message: Share buybacks,

Share buybacks,

posted on Aug 11, 2006 04:56PM
Share buybacks,

I believe the recent appearance of buy super messages

on Thompson-I-Watch represent PTSC share buybacks.

They started on 7/19/2006 and ramdomly continued

until 8/8/2006. Over that period approximately

4,500,000 shares bought thru buy super messages.

This is important because if we can determine what

they paid per share, we may be able to estimate the

value of their recent contract sigings, since share

buybacks represent 10% expenditure of total revenue.

Just for estimation purposes an average share price

of .84 cents per share X 4,500,000= $3,720,000.00

Which would equate to 37,200,000 in revenue. Now

would that be just for the Sony signing or a combination

of some or all the others, I don`t know.But I do believe

we have revenue of at least 37,200,000 since june 2006.

http://thomson.finance.lycos.com/lycos/iwatch/cgi-bin/iw_ticker?t=PTSC&range=30&hdate=0&i=3&l=1155333600

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