Re: 20% cut in fees" ..Yup, took 2 years for them before they did it.
in response to
by
posted on
Apr 13, 2010 12:33PM
Is there any formal company statement that indicates that PTSC was seriously considering divesting itself of PDGS, or that PTSC will not be part of any PDGS service/product offering ?
From the 10Q:
Accordingly, we are in the process of examining alternatives that could allow for the partnering or divestiture of PDSG. If successful, these measures may provide for a further reduction in expenses and cash use, or additionally in the event of divestiture, cash proceeds.
FWIW,
SGE