"for a declining share price mostly due to circumstances beyond their control"
This is a paradigm that is very difficult for me to understand. I find it similar to someone who would say that a person who decided to pitch his tent in the middle of a freeway and tie himself there and is now subjected to being hit by cars on a daily basis, that it was "mostly due to circumstances beyond their control" to have done anything about the situation they find themselves in.
Please explain your view as to how the current situation was out of PTSC's BOD control. Please show how how their actions have NOT led to these situations where:
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control of their major asset is in someone else's hands
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prosecution of the re-exams is completely in TPL's hands
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PTSC isn't allowed to discuss it's major asset in public
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PTSC was forced to buy Crossflo which apparently wasn't what it was supposed to be when PTSC bought it
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PTSC had to give dividends, not only to shareholders, but also to warrant holders
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PTSC had to increase the BOD cash fee's to amounts comparable to those for some Fortune 500 BOD members
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PTSC put essentially ALL of its cash into one investment vehicle (the ARS)
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PTSC provided TPL UNSECURED loans
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PTSC put itself in a position where the dispute with TPL essentially kills their opportunity to earn ANY income from the MMP until the dispute is resolved, or perhaps, depending on that resolution, for up to one year afterwards
