and "a selective history IS bunkum".
I wonder why there was an "absence of almost any appreciable revenues from 1999 until the AMD deal in 2005"? Wouldn't have anything to do with resolving patent ownership by any chance, would it?
Just how long would PTSC have been able to continue as a going concern without the financing? A loss making penny stock can obviously obtain the same financing terms as a profitable Blue Chip Company, but the poor BoD were unable to persuade any banks of this - shame on the BoD.
Restated financials? Do you really want to go there? Before you do, you might like to check how many NASDAQ companies also had to restate at the same time, then ask yourself why? If the answer wasn't already known.
To focus on the past loses sight of the future, in my very humble opinion.
Be well