Your reply words in bold:

You need to re-read my post;never did I say I was for a reverse split. I simply said, “Look for a reverse split,” big difference

Why even bring it up then?  And how/why could it possibly be a precurser to some fathom action by TPL to buy out PTSC? And that speculation is based on????

I don’t know where you work, but having a 5-yr company plan is management 101. Maybe you need to ask the company you work for if they have a 5-yr plan, or any plan, and if they don’t have one, I would be looking for other employment, because a company without a business plan will fail, and that’s a fact.

First, I don't work for anyone and haven't for about ten years (though my plans may change depending on what happens in April).  But you may have heard of my prior employers - Lockheed, Hughes Aircraft (a subsidiary of another little-known company called "GM", at the time), and Raytheon. 

You need to read my post a little closer.  I think I made it pretty clear that I was one of those management types that were privy to the 5-year plan, in its many iterations, at least for my business segment.  How else would I know about the frequent changes - or I should say "need for frequent changes" - as an event would happen directly affecting the plan, and it would take awhile to reinvent that aspect of the plan.  This understood, I never said you don't need one or that it's not a good idea to have one, I'm saying that it shouldn't be taken as written in stone and don't take it too seriously - it's gonna change whether you like it or not.  More importantly, I'm saying that a DETAILED 5-year plan is not something you share with the outside world, or even your subordinates.  Ya see, there's this thing called competition.....  What competition you ask?  Can't tell ya, but it's in the plan.  And what in the world makes you think PTSC doesn't have 6 month, 1 year, 3 year and 5 year plans?  The fact that they didn't share it with you?  You're constant suggestion that they have no plan strongly implies that you believe they don't have one or haven't even thought about one.  How ignorant is that?  Shamefully so, IMO.  And then to promote the idea....  Get my overall point?  "I'll say this repeatedly in complete ignorance of the facts" - how's that helping?

Maybe, if the retail investors have some outline of a business plan we wouldn’t have to “Dream up as many elements of risk we can throw at PTSC.” (Your quote) The investor doesn’t need to know the fine details of a company’s plan, just some guidance as to which direction they are taking us.  Maybe you could give us PTSC’s plan sense you seem so comfortable with the unknown.

This company has been around for Twenty Years and has never had one QTR where it’s been profitable, except in what TPL has brought to the table. I guess the plan is just “wait” we will be doing something creative soon.

First, I don't believe that's a true statement.  Way back they had development contracts with the US Navy for plasma antenna-based SONAR, and then there was the point in time when they sold some rights to that technology.  I believe they showed a profit on those occasions - within the past fifteen years.

In any case, the answer is yes - we just have to wait.  Consider this: Look at Apple.  They were in trouble after years of Steve Jobs' absense.  They brought/inticed Jobs back (it was in their plan).  Did they tell the world that this was their intent beforehand?  Apple still in dire straits, so Jobs hits up his old buddy Gates for a half-billion dollar loan.  Did they tell anyone they were going to do that beforehand?  But it was item number 1 in their new "Jobs is back" plan!  Still faltering, they copy the tech of others and come out with the IPod, then market the heck out of it.  Did they announce that intent beforehand?  But it was in their plan.

Now look at Intel.  They too were planning to venture into the digital music player business.  They made deals for production (in China, I believe) and the IPod hit.  Intel abandoned that action - they made a quick change of plan.  And I believe they've done a 360 on this spicific plan again since then.  That aspect of their 5 year business plan changed at least 4 times in as many years.  Useful?  And did they announce each move/blunder to the world beforehand?  Before deals were in place, or before those deals were killed?

Hopefully you get my point.  If you still don't, after this novel, I'm at a loss.

And maybe to give you an even better clue as to whether I know what I'm talking about, I know of at least one occasion where my personal initiative enabled the creation of an entirely new product line at Hughes - I positively impacted the 6 month, 1 year, 2 year and 5 year business plans for the company.  And of course that plan changed.  After they got the product developed and proven, and sold some, they sold off the whole thing.  It was called "Smog Dog" - using InfraRed sensors to detect gross polluting vehicles as they passed by at at least 35mph, taking an instant picture of the license plate/back of car, then the State sends notice requiring a smog check.  We did major demos for several US states and foreign Gov'ts.  The auto repair lobby ultimately killed it for the buyer of our system in many locations, primarily in the USA.  They demanded that those stupid smog checks of clean running cars continue ($).  Just think, that pain in the butt and pointless expense could've been gone!

SGE