shboomer,

You ask, " As these MMP assets run down the clock, and these lawsuits run PTSC out of money, who is the ultimate beneficiary?"

I believe the answer is the same as it ALWAYS has been. This is the ultimate deal for insiders and BOD. Come up with an idea, sell some stock, finance and make a few million. If it works so much the better. If it doesn't..."oh well we tried and sure made a lot of money"

It was a common model during the dotcom era and bust. The problem for the common shareholder (especially since the internet) is that literate people think because they can do a search and find info on a company, then they are on equal footing with Wall St. Housewives and house painters thought they had the same advantages. As most find out the hard way it was a sucker bet to begin with, which always explains why Wall St is actually missing from these kinds of "stock investments"

Hopefully everyone lives and learns and is a better investor for their experience.

Good luck

(I) C. W.