Summary of webcast questions - April 7th, 2009 12:40 pm
posted on
Apr 07, 2009 08:40AM
PTSC Shareholder Webcast: April 14th, 2009 … 4:30 p.m. EST
Shareholder Questions:
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MMP: - valid or rejected?
- Why wasn't the "final rejection" of the 336 patent a "material event", and what are our plans for appeal?
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How much weight does the German patent carry? What are we doing with German patent? Does the rejected USPTO patent effect what we are doing with German patents? Why was there no disclosure that the Patent was being revalidated in GermanMoore vs. TPL: - threat or non-event?
- Why isn't the Moore dispute & arbitration request, which apparently occurred some time ago, a material event
- Moore/USPTO re-validation - Is Moore still involved and cooperating with the USPTO re-validation process?
- TPL Expenses: - Is management confident that expenses billed by TPL Ventures is connected to licensing? Are you planning an audit of TPL after the allegations from Moore?
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Crossflo: - profitable or not profitable in fiscal year 2009?
- Your Crossflo revenue projection was $6 mil in 2009 - Why such a small piece, when hospitals & doctors are projected to be spending billions in 2009/2010 to convert their medical records systems, in order to benefit from the stimulus package beginning in 2011
- Do we have an adequate sales & marketing team in place to capture a bigger piece of this pie, and do you plan to adjust your revenue forecast upward for 2009
- Why would a hospital/doctor choose Crossflo's solution over GE's, IBM's or the dozens of other solutions being marketed. What is our competitive advantage
- What is an "average" sale amount for Crossflo's solution per hospital or doctor?
- M & A: - Are plans for M & A activities on hold, due to lack of money?
- Holocom, Talis, Avot: - next steps?
- Avot: - Are we planning on investing more into Avot?
- Nupower: - Who is licensing their technology? TPL? In-house? Newpower/PTSC combo?
- Stock Repurchase Plan: - stopped?
- Board of Directors - Is the BOD considering a pay cut if the company continues to underperform?
- PTSC monitoring Agora board? - Does PTSC have someone that regularly visits the Agoracom board to get a feel for shareholders’ sentiment and input since shareholders no longer have a representative for this purpose?