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Message: Perception

Wow! How in the world could I have possibly forgotten the Triumvirate Presidency voted into place by our BOD in 2001. Donald Bernier was selected as the Chairman of the Board and CEO while Lowell Giffhorn, Miklos Korodi, and Serge Miller were each appointed to be President. Now, if I could just locate the PR on the Pig Caliber. ;^)

From the 10-K:

In August 2001, the Board of Directors appointed Donald Bernier as Chairman of the Board and Chief Executive Officer and appointed Mr. Giffhorn, Mr. Korodi and Mr. Miller to serve jointly as the President.

Therefore, please allow me to rewrite my memory by putting the above back in place:

I too hate negativity. I truly wish that there would not be a need to raise critical points but the facts are the facts and no one can rewrite history.

Following are the facts from the time I first purchased PTSC in 1998:

CEO's: Mike Carenzo, James Lunney, Donald Bernier (Giffhorn/Korodi/Miller aka the Triumvirate Presidency), Jeff Wallin, David Pohl, Jim Turley, Rick Goerner, ?

Outstanding Shares:

7/97: 33,189,195

9/99: 40,381,120

5/01: 57,535,411

5/02: 81,465,757

5/04: 171,156,363

5/06: 366,199,765

5/09: 410,354,054

I first invested in PTSC due to the potential of its Java Chip, it's patents, and revenues derived from it's Ground Radar and Gas Antenna product offerings. Of course, a great deal has changed since that time.

The timeline is tenuous at best...

PSC1000/PSC1000A...

Nunnally, Juice, Ignite...

Swartz, Lincoln, Lowell Giffhorn, Carlton Johnson, Warrants, Put Rights, Rights of First Refusal, Options....

Pulse Link, Smart Cards...

J5, Intel, AMD, TPL, PDS, Alliacense, MMP, Leckrones, Markman, Judge Ward, J3...

Licensees....rexaminations...PubPat...USPTO

ARS...AAARRRGGGHHH

Licensees continued...revalidation of the 336'...

Carlton M. Johnson, Jr.
Director (since August 2001)
Helmut Falk, Jr.
Director (since December 1997)
Gloria H. Felcyn
Director (since October 2002)

That pretty much somes up my 11+ years of experience here. "So-called longs" please add anything I may have left out.

"I suggest that those so-called longs are in fact not long. I suggest that they're either manipulating traders or even worse they're plotting to profit off the exsisting longs by unethically trying to bring fallacious litigation against the company without any factual evidence what-so-ever.

I think agoracom has every right to ban these people. At the very least it's unadulterated redundant bashing and against agoracom's TOS.

This has to stop."

I completely agree! This has to stop. So, Dephalt and all of the other 22 Agoracom members who have recommended your post as of the time of my response, should we just sit back and allow the same members of the BOD who have both witnessed and are wholly responsible for the results of the timeline above to continue or do we do whatever we can to force a change?

I have to think that those 23 did not live through the past 11+ years as many of us "so-called longs" have. If they had and agree with your post, I would simply advise to look out for that swamp land proposal.

Best of luck to ALL...especially the faithful "so-called longs".

Go PTSC Onwards and Upwards!

Cheers~

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