In regard to the warrants I was speaking of the past with Swartz. This is what hurt initially with the SP not rising enough to get us out of OTC and headed for the Naz. Goerner I thought would lead us there even with SP down. Wrong again. I was speaking of the past, 4 years ago. The dramatic downturns took place because Turley got in there and was not able to get anything done, Goerner came in with these big plans that resulted in the major losses. The BOD (basically Johnson, the real BOD) went along and then realized PTSC was being robbed and brought in Baroni to evaluate).

In the present, the BOD has had no impact on anything that can be directly attributed to their action and it was do to the 336 approval with a little (small) help from PDSG that caused the rise in SP. The great news from PDSG comes when they get a contract. The BOD provides little as a group. You get advice from Mistry and Schrock. You get nothing from Falk. Felcyn does her audit and maybe some advice on the books of PDS. THE BOARD is one person, Carlton Johnson and Cliff Flowers. These 2 in my mind run PTSC. The rest is inconsequential. Cliff Flowers, the finance man looks to Carlton Johnson to run the company. I believe he has made good decisions, getting rid of Goerner and going after Leckrone.

The Falk Trust doesn't get the options but Falk himself does along with all the other BOD members. I would imagine that they are numerous at this point. Lamberts use to publish this. This is an incentive to get the SP up but it can also later bring the SP down when they sell. If Falk was an unpaid representative with zero financial gain then I would have less concern with him being on the BOD. He is collecting benefits for doing nothing. He is evidently there to protect the Trust but is being enhanced as a BOD member plus he is privy to the decisions of the BOD. This is wrong.

I agree that the NIRC is the only thing that will make SP rise, period. Unless PDSG gets a contract. The rest of this on the BOD is bogus. Johnson and Flowers run PTSC. Everything else is fluff and as Ease puts it expensive for the shareholder. Why he or anyone would like to add to the costs is not logical. Keep the costs down and find ways to eliminate additional costs by cutting back on the BOD and add to PDSG if they are successful with a contract only.