Summary of webcast questions - Apr 7, 2009 - 2:47pm
posted on
Apr 07, 2009 10:47AM
PTSC Shareholder Webcast: April 14th, 2009 … 4:30 p.m. EST
Shareholder Questions:
MMP: - valid or rejected
Moore vs. TPL: - threat or non-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 are connected to licensing? Are you planning an audit of TPL after the allegations from Moore?
M & A: - Are plans for M & A activities on hold, due to lack of money?
Crossflo: - profitable or not profitable in fiscal year 2009?
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?
Shwartz & Lincoln - What is the current status of S&L (i.e., shares held, intent)?
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?
8K Material Event - If you believe an "8K Material Event" filing is not necessary, are you following the "spirit" of why 8Ks are required ? The SEC listing of the required situations/conditions for a mandatory 8K filing is AT MINIMUM. In our case, licensing revenues from the 336 (and other MMP patents) are the only historic and quantifiable monies we generate sufficient to keep PTSC solvent. PTSC's communications to Moore (as reported on Moore's website) is a reflection of the seriousness and jeopardy PTSC places on ramifications from the ownership dispute.