Try Seattle Genetics - SGEN - haven't turned a profit ever, are diluting shares frequently, yet have increased in value nearly 3 fold in the same time period that PTSC has lost over 90%.
The company is ALL ABOUT POTENTIAL. However, the difference in large part is that they strongly communicate their activities, their successes, and are pretty forthright with an excellent BOD who have skills and contacts in line with SGEN's business.
There are minimum standards that companies can follow to get by, and there are exceptional efforts that companies can make to be viewed by the market in a positive light EVEN when they are only about potential
While you're correct, there are hundreds of examples of those who follow PTSC's "strategy", there are also hundreds of examples of companies that go far above and beyond, and thus the shareholders reap the rewards.