It could be the due diligence on these companies was relatively sound at the time given the economic landscape at that time. Reminder- At that time -The BOD seemingly bowed to shareholder pressure to do something with the money to facilitate multiple revenue streams and-doing as they were told by their ever-thoughtful shareholder base-invested in a slew of companies that presumably showed promise at the time. I personally cringed at all of this as I know how difficult getting a fairly new company over the hump to profitability can be -And as many of you who have followed my posts -I was firmly in the camp of DIVIDENDS at the time.

I don't think anyone needs to be reminded that the bottom fell out of the economy in 2008 destabilizing some of the most established companies on earth. Of course-even fledgling enterprises such as those PTSC invested in would be knocked severely off course if not completely into oblivion by such an economic cataclysm. All of the BOD bashers omit that little macroeconomic fact when rewriting PTSC history. Not making excuses for the BOD for all of these failed ventures. Just telling it like it is. But - hey I was for dividends. Don't blame me!

As for this continuing lament that PTSC signed off on a one-sided MA agreement. Please go back and read EXCELLENT posts by SGE & Opty on this subject.