Re: More is coming does this make sence?/ And sometime in
in response to
by
posted on
Apr 20, 2008 10:51AM
It is probable that PTSC was gagged by the NDA and couldn't disclose that the settlement was tied to the USPTO review. As upset as shareholders were after the Q3 report and letter. The letter from RG said nothing really and that is probably all they could say at the time nothing. The only positive thing PTSC could do at this time was to announce that the company would reinstitute the share buy back program and for RG to purchase shares to show the companies and his confidence in the future. The fact that insiders are able to trade now is IMO based on the fact that the settlement is based on the USPTO decision which at this point in time is uncertain. It also explains why no money from the J's is reported in the 10Q because the USPTO decision on patent validity is uncertain at this point in time. The pieces of the puzzle seem to be coming together I hope.
At least it makes me feel better right now.
All the best,
Steve