This of course is my two cents and imo and it may have already been discussed as I do not read all post but ......
From what we who have attended shareholder board meetings in the past (not Chicago) it appeared to me and many others that the PTSC board did not really run the Board business (i.e. company business) but the Lecky's did.
I personally will never forget Father Lecky taking over the meeting and berating the shreholders for being so cheap and that it was he that insisted that the board be paid what they are paid for all the hard work they do for us (imo, read him and TPL and Swartz). Also remember how Lecky said he bought (?) shares in PTSC and who knows if his 1 - ? # of shares trumps the millions behind and in hand of Pete, Brian et al.
In short I think that the high priced attorney that contacted Stan Caplan and the response form Flowers actually came from the Leckrone's. Which is ironic since they hold our money and will not give it back. In reality how did they get such a nice unsecured loan in the first place? Has anybody looked to see who has signature authority on the PTSC accounts? (Just kidding or am I?).
Food for thought
marc