While I understand your point, IMO, you continue to look at this from the completely WRONG paradigm.

When a company has over a $123M inflow of cash, essentially no debt, significant built up tax loss, and few expenses, and is unable to turn around and GROW that $123M rather than SHRINK it exponentially as they have done, all the while assuring that the insiders themselves are well compensated and maintain little risk as exemplified by their miniscule ownership positions, they have indeed BLOWN that money!

Forget what has happened at the USPTO in the time since, the point is they had a golden opportunity to take that money and turn it into something MORE, rather than LESS, and they have failed on almost every account.

Is there even ONE transaction/agreements of relative substance that PTSC management and BOD have negotiated over the last 5 years in which PTSC has actually fared as well or better than the other parties to those transactions/agreements? There may be, but I find it hard to find one of any significance. It seems that PTSC has gotten the short end of the stick in every agreement/partnership that we know of, while the other parties seem to make out extremely well, or at least better than PTSC has.

Sadly, on further review, I suppose the one exception to that assessment is their agreements with us, the retail shareholders, lol.

I'd say srandl and others are more than accurate in the characterization of the performance of PTSC board and management. Whether they can improve that record, or change that performance remains to be seen, but optimism is clearly low at 9 cents, IMO.