Re: Attracting NEW Investors - BOD NEEDS TO TAKE ACTION!
in response to
by
posted on
Mar 24, 2011 08:36PM
Great post. Should be on a billboard in front of their homes. Doubt if they would take the time to read it so I made a shorter version for them:
there is MUCH that the BOD and Management (one in the same nowadays) CAN do to increase the PPS and attract NEW investors. Shareholders ought to DEMAND that they do so, ESPECIALLY in the context of the over Half Million dollars those three people generously grant themselves each year.
DEVELOP A BUSINESS PLAN!
We've heard everything from M&A to No M&A to Building PDSG, to divesting of PDSG, to partnering PDSG, to acquiring NEW IP, to lowering BOD pay, to attracting new BOD members, to skinnying up the BOD/Management to reduce expenses, to ??????, so on and so on, blah blah blah.
We hear PTSC appreciates the fine work of Alliacense out of one side of their mouth, while they accuse them of fraud out of the other side of their mouth. We hear the company is undervalued due to the market's refusal to recognize the value of the MMP, YET the very BOD members who say such things buy no company shares.
CLEAN UP THE COMMUNICATION STREAM!
REPAIR the content of the website for starters! It's filled with inaccuracies, contradictions, misinformation, etc.
ALIGN THE BOD AND MANAGEMENT WITH ALL SHAREHOLDERS, not selected few!
ENERGETIC, MOTIVATED AND DEDICATED REPLACEMENTS!
There's no arguing that this BOD is a major weight dragging down the PPS. If they TRULY want to create value for shareholders, then there are MANY ways they can remove themselves from being the obstacles they CLEARLY are, while still being the "resource" they say the company needs. The fact that they can't find a creative way to accomplish this just REINFORCES their limited skills, vision, and ability to direct, or it betrays their REAL motives.
They don't seem to recognize their weaknesses,
Still PTSC at 12 cents. What's the next dashed hope? BOD, ACT CONSTRUCTIVELY.
DO EVERYTHING YOU CAN, NOT AS LITTLE AS YOU CAN GET AWAY WITH!