Now it is clear why the statement in the last PR about having to conserving cash. PTSC management knew that another rexam was going to be imminent, and being an expensive and drawn out process with an uncertain outcome they needed to conserve cash.

Now look for more dilution. First another item in the shareholder meeting to increase authorized by another 500 million. I bet they ask for shareholder vote on increasing the authorized to 5 billion shares. After the rexam conludes and if favourably I expect a 1:100 reverse split. By then the management would have given themselves handsome 'bonuses' for having 'steered the company through difficult times'. shareholders by the way were done in a long time ago

this is turning out to be a typical OTC/pink sheet 'promotion'