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Message: Re: Merry Christmas BOD. You have already taken your presents from PTSC.,,SGE
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And have I ever said they did otherwise? People have an amazing way of putting words in my mouth that I haven't spoken.
Yes, the BoD is a valid concern/issue/problem. Is that clear enough?
Now, tell me how that problem could be resolved, realistically.
I will take issue with your characterization that they mismanaged ALL the money. Share buy-backs were good. Getting rid of the outstanding warrants was good. Some would argue that the dividends were good. Acquisitions - highly questionable.
Their compensation, and the compensation packages for the management they've hired and fired, those are the egregious squanderings IMO. Pay for Baroni & co., TBD.
But I repeat, complaining about the BoD is a complete waste of time, and a detriment to your investment.
SGE
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