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Message: One thought regarding PTSC's aquisitions

One thought regarding PTSC's aquisitions

posted on Jan 07, 2009 04:55AM

While I see the positive changes in terms of revenue coming from other sources than the MMP, I'm still not impressed by our acquisitions strategy.

Holocom is the core - Talis is a spinoff of Holocom - Crossflo founded by a former Holocom founder - Iameter founded by a former Crossflo co-founder

= "buddy-business"

This looks as if Mr. Pohl knew about all this connections in the moment of the Holocom "loan and purchase"-project.

Avot media (in which we have a minority interest) is the only company, which seems not be connected to the Holocom-buddies, the only company coming from RG (I'm not sure, if NuPower is a subsidary from PTSC or just a joint venture regarding the IP from NuPower).

What I'm trying to say: the acquisitions are fine (compared to the money PTSC is able to spend and has spent), but I still have the feeling, the acquisitions are part of a "buddy-business-strategy", which was planned long ago, but maybe I'm missing something.

Anyway, what the h*ll is the USPTO doing with our patents...lol???

GLTA

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