Who would have thought that after paying off all debt, settling with Fish, paying out three dividends, purchasing remaining S & L warrants, stock buyback, a favorable Markman, Settlement with the J's in Texas, patent bill is dead, over 40 giant corporations have licensed the MMP, more companies are still licensing the MMP and PTSC trades at $0.34. Who would have predicted this a couple years ago?

Part of it can be blamed on transparency of what is truly going on behind closed doors. Part of it can be blamed on the disappointment of the market who is used to settlemnts in the $100's of millions of dollars for patents as significant as the MMP. Part of it is due to Swartz selling into every run until there is no more runs. Part of it is due to the USPTO re-examination creating uncertainty in the validation of the patents. Part of it is questions about PTSC's leaders and what they are doing to build shareholders confidence.

My question is this, why would other companies knowing what we all know since the settlement with the J's, continue to sign up for licenses if the MMP faired so poorly?

My ownly guess is that there has to be more coming from the J's and the MMP is stronger than most here think. The USPTO re-examination and transparent communication are what we need to move the SP up. When will this happen? Could be tommorow or could be next year. Until this happens I'm afraid we're stuck where we are.

All the best,

Steve

Al