Re: LambertsL, I feel for you and your family. Deb:
in response to
by
posted on
Apr 15, 2008 07:27AM
I did the "bold" print.
Cliff is trying to say IMO..........that they are STILL bound by restrictions on
what they can tell us about he MONEY coming in and HOW it is accounted
for.
He is saying that Rick G. tried to send a message in his SH letter in a
way that doesn't violate the STRICT confidentiality that is still in place
regarding the Q.
What it says to me is: some of the license money from past signings
was NOT posted in this last Q.
Cliff's cut and paste from the Q in regard to how revenue is recognized
and accounted for is also a clue that says to me: PTSC is trying to
figure out the best way to "book" the money coming in based on
"how" the license was structured/set up.
The cut and paste from Cliff out of the last Q is saying that it's NOT all one time
payments and it's not always booked in the Q "we think" it should be booked in.
Hoping LambertsL can use his past formula's with the 8 license agreements
signed in Dec. and Jan.(not including the J3-4) to determine if the Gross
amount reported to PDS fits for these 8. If there is say 2-4 million left over
from the 8 licenses for the Q (after applying LL's formulas)............then I think
there may be more to this story than meets the eye.
If we continue to apply LambertsL formula's to the next Q and we come up with
additional millions that don't add up with the Licensees signed for THAT particular
Q...............then????
All I'm saying is that both Cliff and Rick are telling us that there is MORE than
meets the eye. What more? I don't know.
It's going to take analysis of the next few Quarterly reports to come up with a
plausible explanation but in the mean time:
banosser, milestone any ideas on timing here?
18 months of negotiating with us, WE wouldn't settle with THEM.
So do we Wait it out to see where this Story takes us??? Or do we jump
out and look for another story?
I personally like our chances right here. Our CEO has stated that he
wants to get us on the NASDAQ and that requires a $5 dollar share price.
As many here have stated, there are so many companies out there that
move up when their EXPECTED LOSS is better than expected and here
we sit with a .02 Cent per share EARNINGS this Q and .05 cents from last
Q and we're all freaking out. This is the OTC.BB or the OK Corral as I've
heard it referred to and what that means to me is that the MM's who
make their money on the spread between the bid and ask, will continue
to F..K with the SP until we get off the penny land board.
Once we are on the NASDAQ exchange and we have independent analysis
and Institutional investors putting their time and money in to PTSC, we
will finally see what many here have hoped for: PTSC receiving Success
and RESPECT through an appreciation in SP.
Best of luck and Peace of mind to all.
We continue to book PROFITS from the MMP. We already know that 5 of the
license agreements from the last Q are going to be booked in this Q (per
Rick G's SH letter) so we know we've got