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I too know what it's like to have parents in the hospital........while not at the

same time (that's heavy) and I hope they make a speedy recovery.

We've missed you and I am curious to see your license scenarios as

soon as you have time to break the numbers down in to a spreadsheet.

I was going to stop posting for a while but I thought I'd share the following

email that I got yesterday from Cliff Flowers in response to a statement

I sent him (made by another unnamed posters)

THE STATEMENT:

Shareholders are led to believe that TPL is only pursuing one time payments. If this has changed in any way, then I believe it is the responsibility of our BOD's to inform the shareholders that other methods of collecting license fees other than one time payments is being pursued.

CLIFF FLOWERS RESPONSE TO THE STATEMENT I SENT HIM:

Deb,Your comments are always appreciated, however It would be inappropriate for me to communicate one on one to you regarding some of your concerns. I believe the Form 10-Q and Rick’s subsequent shareholders letter did the best we could do to work within the confidentiality restrictions faced by us, while at the same time trying to impart some meaningful information regarding the February quarter’s results. I refer you to the opening of Rick’s letter that I will excerpt hereon that was carefully worded to address similar shareholder concerns: “I will not, in the limited context of this letter, recount all the information contained in our April 9, 2008 earnings release, which fully reflects the financial results of all transactions announced prior to the end of January 2008.” And the Company’s revenue recognition policy as stated in the footnotes to the financial statements which reads: "1. Revenue Recognition Accounting for revenue recognition is complex and affected by interpretations of guidance provided by several sources, including the Financial Accounting Standards Board (“FASB”) and the Securities and Exchange Commission (“SEC”). This guidance is subject to change. We follow the guidance established by the SEC in Staff Accounting Bulletin No. 104, as well as generally accepted criteria for revenue recognition, which require that, before revenue is recorded, there is persuasive evidence of an arrangement, the fee is fixed or determinable, collection is reasonably assured, and delivery to our customer has occurred. Applying these criteria to certain of our revenue arrangements requires us to carefully analyze the terms and conditions of our license agreements. Revenue from our technology license agreements is generally recognized at the time we enter into a contract and provide our customer with the licensed technology. We believe that this is the point at which we have performed all of our obligations under the agreement; however, this remains a highly interpretive area of accounting and future license agreements may result in a different method of revenue recognition. Fees for maintenance or support of our licenses are recorded on a straight-line basis over the underlying period of performance.Our consolidated variable interest entity recognizes revenue upon shipment of its product and recognizes revenue on its short-term installation contracts as time and materials costs are incurred." Because of the large amount of shareholder feedback have enlisted our IR firm to assist us in providing consistent responses. If you have further inquiries that are along these lines please forward them to the address I have cc’d hereon.

Thanks

Cliff

So we are being told to read between the lines in regard to the SH

letter and the Q.

When you get some time, take a look at what PDS received from all

license agreements "except" those 5 received in Feb. 2008.

I'd be curious to see if you can determine if we received one time

payments (based on your formulas) from all other license agreements.

Try just applying your formula to the 8 licenses we received in Dec. and Jan.

without the J3-4 (NEC, Toshiba, Matsushita, Panasonic?)

Then I'd be curious to see what is left over based on

your formula.

What I want to see is if we can determine in the next Q.........."IF" there

are on going payments coming from the J3.

IMO we weren't trying to disguise a huge settlement, we were and will

continue to disguise on going payments from the J's.

What Rick G. was trying to say in his SH Letter when he said all

financial stated PRIOR to Jan. 2008 were in the Q, was that NOT

all the money we are getting is in the Q.

What Cliff is saying is they have to evaluate HOW to book the monies

received based on How the License revenue is structured and recognized.

And, PTSC is restricted in how and what they can say to us regarding the

J3's settlement still. (probably permanently)IMO

Looking forward to the USPTO Ruling, T3 resolution, continued License

signings, M&A announcement.

There was a wave of shock that hit us all when we first looked at the Q.

Even though we yet again booked MILLIONS in profits and showed a .02 cent earning per share..........it was not what we were EXPECTING.......

(reasonably expecting based on past numbers.........as David Pohl told

us to do in figuring out averages) So.........some have bailed, most have

Stayed and we continue to keep the faith because..... no matter what the

current SP shows, PTSC is NOT your average penny stock by a LONG

Shot and we will prevail over time.IMHO Anyone in this for a few years or

more is looking at another year IMO.........before we see what is

really possible for PTSC. For those thinking about investing, well, all

I can say is I WISH I was just now hearing about PTSC (below .30 cents) with

all that it has going for it because I'd have 3X the amount of shares

we currently hold and in a year from now, I'd be sitting on a major

profit. IMO IMO

There is a lot more to this story and Dave and I are sticking around to

see the ending and then.............................Part II. Rick Goerner will

be the star of Part II. I'm reserving judgment on RG until I see what the

man can do.

My husband kept warning me that this investment was going to take

another year or so to realize it's full potential and I do believe he is

correct.

GO PTSC...........keeping Raking in the bucks and Go RICK G. Find us

a Terrific/Significant M&A opportunity with Good on going revenue to

Add to the IP income we already have.

Time will be our Friend in this case. Not giving up on PTSC.

Peace of mind is what I wish for all of us.

D and D
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