Good explanation billwilke.

If PTSC were not worth 35 cents a share now than a reverse split would not hold a price above .35 times X. It's that simple.

Many companies doing reverse stock splits are desperate, with their business financials floundering. The stock price would fall if they didn't do a reverse split, and it'll fall if they do.

The question is, "what is PTSC stock worth now"? I think 35 cents is a very good price based on PTSC's record of earnings, it's solid financial condition, and it's large customer base.

A reverse split and major exchange listing would give many more buyers and dollars access to PTSC's stock.