"...the countless failures that is PTSC "business (not MMP)" ventures..."
Wow, "countless" is much more than I can count...
Ever spoken with a venture capitalist company? Do you know the ratio of failured to successful businesses they finance?
For every business they are profitable with there are at least three, four or more, in which they loose money.
Now take a look at PTSC's investments:
- Holocom? Successful in terms of ROI
- Talis? Lost money
- Avot? Could be lost, but we don't have further information (note that Carlton Johnson is board member now)
- Nupower? Regarding the information I have so far no money flew to Nupower, thus neither lost nor successful
- Crossflo/PDSG? Is it really a failure, if you recognize the market barriers are high (maybe too high) and you have to change the way you go to market? Hm, if you have a little business experience, you'd know, that it's daily business for an emerging company to check and perhaps change the sales strategy if things don't work out as planned - we are not speaking of a mature company with decades of market and sales experience!
In a nutshell: To speak of "countless failures" is either not fair or a sign of ignorance.
GLTY