My concern is that the new CEO is falling into lock step with the old guard at PTSC. The evidence of his letter after the Q3 report and the latest licensing PR's which look no differant than the PR's we have seen in the past indicate business as usual.

When PTSC was struggling they were open with news. Look how they reported the licensing up until the SONY deal. Why was PTSC allowed to announce licenses and disclose money at that time of the PR in those early days? They were working under the agreement with TPL right? Seems as I recall that PTSC took it on themselves to announce that all settlement dollars would be reported in the quarterly and annual reports unless they were considered an unusual material event. PTSC provided more detail about how many companies were put on notice and how many were in negotiations. We get none of those kinds of updates anymore. I can understand some of the NDA's in negotiating, but there has to be a way to communicate better to shareholders. PTSC knows this and I feel have made their own decision to keep shareholders and potential investors in the dark as much as possible. But why would they do this? For insider trading? For share buy back? For a buy out? Is it not quite the right time to release all the good news?

Is it possible that PTSC is waiting for the USPTO decision on the patents (when there is nothing else that the street can point to and say well this is risky because the patents are under review) before they enlighten shareholders and new investors with information about ongoing royalty payments and to start sharing more information and finally tell the PTSC story to the world? Dosn't the evidence point to PTSC stalling communication for a reason? IMO it is the USPTO validation. I hope that is it!

All the best,

Steve