The bashers met their agenda last week. They assisted in the lowering of the PPS to their price point of .14, did their buying, then stopped bashing the BoD - and even said some complimentry things about the BoD. The very same people!

While the current discussion re: Alliacense and the possibility of PTSC being taken private do IMO constitute FUD, it is not bashing. Bashing is wildly exagerated negative posts without sufficient foundation. Statements like "the BoD has squandered ALL the income from the MMP". I put up a post describing where most, if not virtually all, the money went (BTW, in that post I neglected to include one additional expense - TAXES). Not one response. NADA! I agree the only thing remotely akin to "squandering" is the BoD compensation, and the compensation awarded to the CEOs/management that has come and gone. That's it. And that's worthy of complaining about. But here we're talking less than a million over the past 5 years, of some $125M. Less than one percent. Biggest issue facing PTSC?

As for the Alliacense thing, IMO much ado about nothing. Why doesn't somebody just call them? Call PTSC. Call TPL. There are a lot of ways to put that concern to bed. But their Web site is still up, and having contacted/notified, under the name "Alliacense", hundreds of probable infringers, using a legal instrument, essentially, don't ya think the Alliacense site would redirect to the currently proper entity if there had been a change? That alone suggests, to me at least, that there is nothing to any of this.

As for taking PTSC private, again, I personally don't think there is anything to this. Why now? And if now, why isn't it put up for a vote right now - the seemingly proper time since we're already called upon to vote on other far less pertinent things. Here I suggest people examine PTSC's corporate bylaws. Then check SEC regs re: proper notifications to shareholders for such a move. I strongly suspect the SEC mandates certain procedural steps to accomplish such a bold move. I will say this: if there is such a move to going private being contemplated, there would have to be a compelling reason. The reason would virtually HAVE TO BE that PTSC's future suddenly appears extremely bright. But imagine, if there were no disclosure to shareholders of both the "brightness" of PTSC's prospects and the intent to go private, and then they took us private (regardless of scenario) and really good things suddenly started happening for what was PTSC, could you imagine the lawsuits that would result? This, of course, assuming they could pull such a thing off without violating corporate bylaws and/or SEC regs. This is a very good question, as B-Lunist has stated, for the SHM. I believe the question was asked at a past SHM, and the company said there was not such action being contemplated. A FURTHER ASSURANCE NOW IS APPARENTLY WARRANTED.

Bashers' agenda? Wait for any positive news, sell, bash, buy. Their vigorous activity over the past month or so suggests that at minimum THEY THINK we're in for some very good news.

FWIW,

SGE