People complain about the lack of past PR, to hype the company (any positive PR is perceived as hype), gain potential investor (and media) attention and obtain a higher PPS launch point. The very same people participate in preparing a grassroots letter to the company to complain about an assortment of things - a mass disgruntled shareholder letter. Isn't there a little conflict here? LOL And what if the media attention, if it had been gained, got wind of this letter?

I noted the items intended to be included in the letter ("BoD competency/conflict of interest issues, general lack of transparency, poor PR, late SEC filings, no follow-through with business plan outside the litigation, payment of dividends, and so forth."). Maybe it's hidden in there someplace, but what about a really big issue IMO - the warrant situation (followed by the "threat" of S&L dumping shares even after the warrant issue is resolved)?

IMO, PR to date would have been met by an S&L sell-off, hopefully to enable warrant conversion. Isn't this what we've seen? Additional PR would have been met the same way - pointless.

Of the intented items listed, I only see one or two worthy of bitching about.

BoD competency is one.

Dividends is arguable.

Poor PR - see above.

Late filings - so what?

No follow-through on business plan - very arguable. What is Holocom about? And why introduce more risk before a big payday? (i.e., wait for the payday and its accompanying elimination of risk, THEN introduce new risk with the bankroll to back it up.). And do we have any idea of what Pohl may be posturing for behind the scenes?

Lack of transparency - arguable. They are engaged in litigation. Other business deals may be in the making.....

How about addressing what IMO is the biggest, and probably most easily resolved issues? How about a push for PTSC and S&L to cooperate with US by arranging for the elimination of all remaining warrants? (sans incentives). Then, with PR, we might actually see the PPS move up, and sustain. Next, how about a commitment from S&L not to sell any of their share holdings until some pre-determined thresholds are met? Like, after the PPS hits certain dollar amounts, a commitment to sell not more than some percentage of their holdings. This would be in shareholder interest, PTSC interest, and presumeably S&L's best interest (long term).

Alas, I KNOW nuttin'!

SGE