let's look at it from PTSC perspective: (in a outline format)

-NDA items, play it safe, not discuss anything that might cause trouble.

-Licenses right now don't seem to do much for shareprice (ptsc mgmt. know about s&l dumping). So why not wait for April.

-M&A discussion is mute until an actually merger occurrs so what the benefit (shareprice into this market) just discussing possiblities.

-Shareholders are pissed, but what can we do (see above) have to wait it out.

Now I am sure others will chime in for PTSC mgmt. Maybe they are actually stuck and would like to do the right thing. A big plus would be if some insiders buy on the open market after April news.

glta

Tom