To Those Concerned re: lack of PR/Press
in response to
by
posted on
Feb 26, 2007 01:20PM
While I share the frustration and want PTSC's PPS to go up as fast as possible, don't you have to believe that there is a plan in place? I mean, we do have a compelling story and all...... But until recently there were a few (4) big negatives that would be discovered in DD. But PTSC has settled with the old attorneys, and has now settled with Fish. Hopefully the warrants situation is going away. And then there's the biggy, the litigation in TX.
I strongly suspect that when at least one of these two remaining issues goes away, the time will be ripe for some serious PR. And maybe they'll wait till both are out of the way. For that matter, they could wait until they're further along with one or more of their initiatives for alternate revenue streams.
Personally, I'm thinking it has more to do with the warrants than anything else. As others have pointed out, why do any PR that is destined to fizzle with an S&L sell off (to enable warrant conversions)? Even then, if S&L were stupid/too greedy for the money NOW, they could just sell shares even after the warrant issue is gone. However, I doubt they're that stupid. And I believe they are smart enough to recognize that the warrants are a drag on the PPS, and that doing away with them is in their best interest (and ours).
So all I can say is that there most certainly is a PR blitz planned for a point in time where PTSC will get the biggest bang for the buck, so that a rise in PPS could possibly be sustained. That time could be after warrants are gone, after settlement by the J2/ARM, after there is some development in other areas, or tomorrow. It could come with a big settlement with a TXN, MOT, IBM, or some other profound biggy.
Bottom line IMO is now is not the time, but there is a plan. Our complaining won't alter the plan. And the plan MUST serve everyone's best interest.
FWIW,
SGE