Note the "?" above. Management? They are basically in a circumstance that results from efforts to keep this company alive. That's reality, and we're stuck with it. Gripe about it, fine (it isn't a happy situation), but realize that IF they had not done those things in the past (which haunt us now), we wouldn't be here today.

Management IMO has been pretty clear in describing their plan, and in adequate detail. Possible dividend: hopefully they rethink that action simply based on the prior experience - temporary smiles and little help to the PPS. Share buy-back: Go for it with vigor please - any money spent will help stablize the PPS, or increase it, reduces the float, and can be leveraged when an acquisition/merger opportunity presents itself.

As for the latter, IMO PTSC has said all it needs to say about it. They're looking for a company that is fully conducive to PTSC. Good! So who would be happy if they rushed into something without doing VERY thorough DD on multiple candidates? And I suspect there are many candidates (how uncommon to find a tech-rich company with no or very limited resources?). With so much at stake, I hope they take their sweet time and fully evaluate each candidate, then compare the opportunities presented by each, and of course the resultant cost.

I do admit that I'm leary of the whole acquisition/merger scenario, as it (at least initially) would add still another element of risk - and there's enough of that going around. I'd actually prefer they hold off on doing anything (other than research) until after the J3/A dispute is resolved. When the money is absolutely assured to continue rolling in (risk virtually eliminated), then introduce new risk with the assured financial backing.

All JMHO, and I KNOW nuttin'!

SGE