I feel like I should adopt your handle!

I finally sold my house after seemingly endless agony. I swear the lenders don't want to lend - fight it every step of the way - even though the buyer had stellar credit, a huge down, and nearly enough cash available to buy the place outright! You wouldn't believe the redundant inspections, appraisals, etc., and pure BS. Did you know that a standard heat lamp in the bathroom - like you can buy in any hardware store today - is a safety hazard? (why do they still sell them?). Or that a standard lightbulb with glass protection is a fire hazard - but only in a walk-in closet? (apparently, anywhere else in the house they're okay). Unbelieveable. Small things to interupt the process....

So now I have a bit of cash available.... But with the economy the way it is, with all the unknowns, my caution level is very high.

I've obviously been busy with the final actions on the house, and the move to newfound digs, so I've had little time to invest in PTSC. I've looked infrequently and caught some high/lowlights. I have to say I'm more than a little confused by recent happenings, and my own suspicions about what may be ahead.

The recent licensing, with ongoing royalties, appears good on the surface, but (as usual) we don't know much about the dollars involved. I suspect that if they were truly significant they'd have to reveal in an 8K.

Yes we have the recert of the amended '336, with some saying it's stronger now. The truth here is IMO unknown. I still have delusional hopes about what could happen with a recert of the '148, if we ever see it. But, like the '336, the amended patent may or may not have the same strength.

But the real confusion comes from the apparent firing of RG. It seems he had a vision for the company that made some sense, bringing pieces together for a fairly well integrated package. But no sales. And a crappy 10Q (the biggest bruise and probable excuse for his dismissal). The BoD seemed to be going along with his vision, but apparently something changed their minds. Baroni? RG wanting more acquisitions to complete the package? (argument with BoD over this?). IMO, the BoD got impatient prematurely, and should have given the RG vision more time. But maybe they will, but without RG oversight.

So, they sound like they want to continue with PDSG. Really? Is it (the subs/investments) really for sale - on the cheap? Or is the real plan to forge ahead with new leadership? And who might that be? My suspicion - Baroni. Do we have a good feeling about this guy? He supposedly has the contacts, but have they done anything for us thus far - as far as we know?

Now I don't know if all these things have already been discussed to death - I obviously missed it if they have.

I'm looking for some clarity here. I'm being up front with ya all.... I'm considering dumping some more money into PTSC again, when realistically I probably shouldn't. But from my view, I tend to agree with Wrenchhead in his post at the beginning of this thread. The uncertainty level is as about as high as it ever has been, really. Are the patents strong? Yes, more licenses, but for how much/little? A true test needed. Stll involved in court battles that could go either way. Company direction unknown - perhaps even to the company. Probable new players - unknowns. Then there's the goofiness at TPL/Moore.

I KNOW I probably sound like I'm posting a bash so I could maybe re-enter at a lower PPS - like a post from me would have any real influence on anything/anyone. But what I'm really looking for are some opinions so I can use this board for its intended purpose - to help in an investment decision through discussion/opinion sharing. Being further honest as to my current state of mind, I won't pay the current PPS for this stock without some convincing from those whose opinions I respect. And it may very well be time for me to just walk away from the PTSC dream that's been a nightmare for me more than once in the past. Or is it finally time? HELP! LOL

Trying to be as honest as possible..... Input please!

'Cuz I KNOW nuttin'!

SGE