Turley & PTSC B.O.D.
posted on
Dec 07, 2007 11:15AM
It appears that licensing is picking up dramatically. With that in mind, and the fact that the EDOT case will either start in a couple of months, or more hopefully, be resolved through a positive settlement in the next few weeks, I think it would be beneficial to see the following actions from the CEO & the BOD.
Mr. Turley is obviously able to issue public communications again. Couple that with the increased licensing activity, now would be a great time to issue one of his irregular shareholder letters updating and reinforcing the strongly positive direction licensing has taken, and more importantly, adding in a characterization of these licenses with language similar to the following:
"As many companies have recently taken advantage of the MMP licensing program in order to secure their ability to continue their operations uninterrupted, the substantial proceeds from this new group of licenses, will provide PTSC with the ability to move forward very soon on it's first acquisition target. This will provide a second consistent revenue stream for PTSC, in addition to what we continue to expect to be an ongoing and substantial MMP licensing program."
The BOD and Turley can play a large role in supporting PTSC's share price by purchasing on the open market 200K shares each and filing with the SEC records of these purchases.
By the BOD and Turley showing confidence in the future of PTSC through share purchases, and Turley offering a characterizaition of the level of license fees (the missing item I beleive and the reason we don't see impact in the share price), the share price will be raised by market forces having more visibility into the licensing program while it waits for the 10Q to be filed. I think a positive settlement announcement would then have that much more beneficial impact to the share price as it would come with the base price being higher, and the added confidence the BOD & Turley will have displayed will engender market support IMO.
Just a thought.