What puzzles me about your game is the fact that only it only addresses some of the truths.  Let's play a different game.

OK Mr. CEO you have approximately $50 million in total liquidity.  You have between $30 and $40 million in cash the rest in other liquitable assets.  You can: 

(A) take a conservative approach and sit on all assets until settlement or litigation are resolved.  Therefore taking extra precautions to protect the company and it's shareholders.

 (B) Allow the pipe financier to convert all remaining warrants immediately at virtually zero cost.  Which was an evil necessity .

(C) Allow the financier to convert warrants immediately plus issue not one, not two but three dividends burning $30 million in cash.  All under PTSC's current mgmt, excluding Dr. Tredennick and Mr. Flowers.

(D) Both A and B.  The lessor of two evils. 

 I bring this up because the spin that goes on here is absurd.  The implication that investors are impatient is complete nonsense.  Many like myself not only bought 20 months ago but added as we listened to Mr. Pohl weave his plan for the future.  You mentioned the other day that situations change.  I don't need to be reminded of that, I work in a very dynamic environment.  We layed 20 people off 3 weeks ago because of changing circumstances. 

Your point of constant change is my biggest argument for everything that's been done up to this point.  I believe your a lawyer, if I remember correctly, would you advise your client to run out and buy a big house and fancy car before they won the lawsuit?  You know better than anyone that nothing is a given in the court of law.  That being the case the BOD(including Mr. Turley) decided spending on a house and car before resolving the issue was just fine.  Wolfpacks concern about mgmt moving the goal post is very valid.  If we win, who cares, if we lose that goal post will never have looked so far away.  I'm going to be the Doubting Thomas until PTSC mgmt proves me wrong.  I hope they do.