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SEE MY RESPONSES IN CAPS
control of their major asset is in someone else's hands COUNTERPOINT #1 HINDSIGHT IS 20/20. AS YOU ARE AWARE IT WAS THE BEST OPTION AVAILABLE AT THE TIME
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prosecution of the re-exams is completely in TPL's hands SEE #1
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PTSC isn't allowed to discuss it's major asset in public NOT EXACTLY TRUE BUT - AGREED - OTHER THAN FOR TPL/ALLIACENSE INSIDERS -MADDENING FOR ALL
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PTSC was forced to buy Crossflo which apparently wasn't what it was supposed to be when PTSC bought it FORCED? DON'T BELIEVE THIS, AS WRITTEN, IS TRUE EITHER. NOT A BIG BELIEVER IN M&A WITH THE MMP PROCEEDS. I LIKE A DIVIDEND STRATEGY FROM HERE ON OUT. CROSSFLO = MAJOR BLUNDER. AGREED
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PTSC had to give dividends, not only to shareholders, but also to warrant holders A GOOD DIVIDEND STRATEGY NOW IS AN EVEN BETTER IDEA THAN PREVIOUSLY WHEN WARRANT HOLDERS WERE PROVIDED WITH THE DIVIDENDS. I WAS NAIVE ABOUT THIS ISSUE INITIALLY. ARMS WERE TWISTED-NO DOUBT. I CREDIT BRIAN WITH GETTING THE WARRANTS REINED IN AND THE SWARTZ INFLUENCE EFFECTIVELY MINIMIZED.
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PTSC had to increase the BOD cash fee's to amounts comparable to those for some Fortune 500 BOD members. THIS IS AN EXAGGERATION.
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PTSC put essentially ALL of its cash into one investment vehicle (the ARS) SEE #1
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PTSC provided TPL UNSECURED loans- NOT GOOD. AGREED BUT PROBABLY BUFFALOED BY TPL & LECKRONE FOR THE LAST TIME AND THAT IS A GOOD THING. YOU MAY RECALL I WAS ONE OF THE FIRST SOUNDING THE ALARM ABOUT A POSSIBLE SWEETHEART DEAL FROM ALLIACENSE TO SONY AND POTENTIALLY OTHERS. JUST DON'T BELIEVE POINTING OUT EVERYTHING NEGATIVE THAT HAS EVER HAPPENED TO A COMPANY DAY AFTER DAY AND IS ESSENTIALLY WATER UNDER THE BRIDGE -IS A SOUND INVESTING STRATEGY
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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 SEE # 1