I'm sorry, but I just can't take much more of this. Over the last few days, IMO the members of this board are their own worst enemy. Three days of "let's dream up as many elements of risk we can throw at PTSC as possible - all based on nothing". Yup, that's a great way to use this forum to promote this stock!

It seems that Wolf kicked things off with his suggestions of a reverse split to somehow support a takeover by TPL and the need for announcement to the world of PTSC's detailed 5-year plan (which would be kinda pointless if TPL were to take us over, wouldn't it?). No sound reasoning behind any of this IMO. Then off the board went, in all (negative IMO) directions - every bit of it placing one word in bold-face caps - RISK. Some have lost any credibility with me, making my ignore button finger itchy.

Why would we want to do a reverse split? I won't even "go there" as to try and figure out what Wolf was getting at - how a reverse split would somehow be a precurser to a TPL takeover (makes zero sense IMO). So, maybe to qualify for a move to another exchange?

People, the PLAN (that Wolf and others somehow ignore) is to acquire another company(ies), and one would reasonably think that one search criterian would be that the company (one of those companies) be one that's already listed on a big exchange and is hurting for cash. How basic is that? And how difficult would such a company be to find? Yet the obviousness of this scenario is somehow lost.

TPL takeover? While some may make arguments as to how this might benefit TPL (assuming they could come up with the funding, which IMO is an extreme stretch), such a scheme would also virtually have to be something that PTSC, and its shareholders, would also want to do. Why would PTSC, or US, want that? Oh, must be so this investment would involve greater risk, or so we can all be happy with pennies on the potential dollar. Briiliant!

And the detailed 5 year plan. I again challenge anyone to find a successful company that has announced to the world what their detailed 5-year plan is - something beyond the depth of a standard Mission Statement. "Make a plan, work to it"? Anyone that's ever been in management KNOWS that the reality is (especially on a plan reaching 5 years out) you make a plan, work to it, change it, change it again, change it again, etc. - all behind closed doors - based on constantly changing circumstances. That is, again, unless the plan is without details - a mission statement. Announce it to the world? File that under "how to best sabotage the plan".

Ever heard of something called an "NDA"? It's not just to cover trade secrets. It's also to cover Propietary/Company Private information - things like planned layoffs, planned investments in capital equipment/facilities/real estate, OH/pay rates, and any significant planned business activities - current or future. Ya think there might be a reason behind that?

PTSC does have an announced general, but adequately specific, plan. Acquire other synergistic companies, dedicate funding, and oversee their operations - probably with minimal disruption. Greater detail demanded? See the above. I don't see PTSC ever producing anything but money. I know, what a bummer. I strongly suspect that PTSC's ultimate plan is to be a conglomerate, a la the umbrella (sound familiar?). There's your friggin' plan. And there's all the detail you're ever going to get, and rightfully so.

As I posted yesterday, PTSC has never, ever, intended to produce any widgets themselves - it's an R&D IP company. The stated intent, always, was to license their tech to others who would produce the widgets.

Mergers with huge companies? Foolish IMO. We'd be lost in the mix of a huge corporation striving to achieve its target of making a 5-10% profit year over year. If that's what you want, it's real easy to go there. Just buy stock in a company with such high aspirations.

In fact, a merger in anything but name only, is foolish IMO. The word is "ACQUIRE" (and I don't mean "be acquired"). And, in my experience watching how such things actually pan out, almost every merger is in reality one company taking over control of the other - thus being acquisitions, not true mergers. It's very rare to see a "merger" where one of the entities doesn't sell off their corporate headquarters, and the other company's head honcho doesn't become head honcho over the newly formed (LOL) entity. Ultimately, it's pretty easy to figure out who did what to whom.

My point is that these lines of discussion are largely without merit - are "non-starters" - and serve only to scare the heck out of anyone holding or thinking of buying PTSC stock. It takes me back to my ongoing suggestion: THINK before you post.

But, alas, some people are thinking before they post such things. They are only thinking of themselves, and how they might be able to drop the PPS for their planned buys by proclaiming that they're going to demand an investigation of PTSC by the SEC. All to save a whopping $500 on their 100k share buy.

So keep on bringing up any scenario, anything at all, with or without any basis, that projects greater risk to this investment, remembering that there obviously isn't enough risk to swallow in a reality-based world. And I'll just keep pulling the trigger on the ignore button.

I post this now, as I won't be seeing a lot of people's posts any more, and the ire I currently struggle with will evaporate. Just so people know that if they want to be heard, change your tone and THINK, or you'll have one less set of hears listening.

All just my very strong opinions. No need for a debate. My mind is made up on all of this. I'm open to reading of a perceived risk if it's actually based on something with any merit. Overwise, just once, and your gone from my screen. Fair warning....as if you give a dang.

SGE