Couple of things....

1. This.. IS... a 20% increase in authorized shares...will they use it...absolutley IMO...they realize they don't have the cash to buy into any future business and it looks like to me they don't expect any large cash increase in the near future.

2. Worse...it will be a ...50%...increase in the OS shares based on the 400MM they show for 8/29/08...when you take the 100MM thats left and 100mm newly authorized..... if they are issued...and IMO they will be. With almost 100Mm unused at this time and our stock only at the 23-25 cent level that's not enough value to buy out or buy into much anymore. They will need these shares to continue M&A

3. Did we just lose 20% in value.....NO...but when those 193MM shares are used to buy into more entities or a bigger piece of an existing entity they are into already....then...our equity per share will be less, our EPS will be less( if we dont increase our earning the same percent as the issued amount is)

4. If the issuance of the shares for Crossflo did not occur to 9/1/08 does that mean that the 407 Mm shares they show on 8/29 does not include those issued to Crossflo...could be...but for sure, if they were issued on 9/1/08 that amount of shares(votes) given to the new owners of PTSC..(Crossflo owners) will not vote in this proxy.

5. And when these additional 200MM shares are issued...remember, their effect on the float will hinder PPS movement even more IMO, which will inturn cause a larger RS when the time comes that it's needed to get off the BB.