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Message: Not TEAC , is TAEC

No comment from Turley on PR...and buyout conspiracy - P-Boy

posted on Nov 16, 2007 06:52AM

Your thought process is completely flawed, IMO.

"1. Presentations cancelled because Tuley may no longer be CEO?"

Now that's jumping to a wild conclusion. Who could make this happen? (we've go 6 members on the BoD I believe, including Turley and two people HE selected). How would shareholders react? What possible benefit to anyone?

2. No comment from Turley on recent PR.

Two things: Does he HAVE TO comment? No. What about "quiet period" don't you understand? Here's some help: PTSC is the publicly traded company - the entity that is most affected by the quiet period.

3. "Quiet" period is no longer quiet because of PR, again may I note Turley is mysteriously absent (when has he turned down an offer to speak or comment?).

See the above.

4. If I were ML, I would sure be upset to do all of this work and have to share half with Swartz...uh PTSC I mean.

Now THAT is so far fetched it displays your ignorance. Swartz owns less than a 10% interest in this company.

5. If I were ML, I can see the light at the end of the tunnel and understand the TRUE POTENTIAL AND VALUE of the MMP and am taking the neccessary steps to solidify 100% ownership.

With what resources? I'm certain that PTSC is in far better shape than TPL financially.

6. If I am the PTSC BOD, I am sure sick and tired of being called a lazy, no account bum. A nice once in a lifetime payout to rid myself of the grief would soothe my hurt feelings just fine.

Oh, so now the BoD cares what WE think (contrary to the prior opinion of those of your ilk). Yup, I'm sure they'd jump at the chance to get 5-10% of the true value of their opportunity with PTSC.

JMHO,

SGE

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