You’re welcome. I thought you deserved a response full of actual facts, to counteract your non-question that implied my posting being false.

Furthermore, I think your view of anything I post seems to be tainted by your incorrect assumptions about me and my frequent disagreement with your perspective.I did not bash PTSC in my post in the least.I simply asked why they can’t seem to file early despite relatively little to manage, and little real complex accounting to deal with.Essentially, their books are a plug and play format at this point.Obviously, they have a reason for holding off until the last minute.Last quarter, they even filed late, attributing it to on-going legal negotiations nearing a settlement.Furthermore, if anything, you should be accusing me of pumping PTSC considering the title of the post suggesting it was the large amount of MMP money that needed to be counted that was causing the company to wait until the last minute.

That being said, your advancement that it is due to the unpredictable timing of MMP licensing and their desire to be accurate with it doesn’t really hold water. As shown below, of the last 4 years, (16 reports, including the one due today), only 25% of them included any news about new MMP licensing since the close of the quarter being reported on. Since 2 of those were at the beginning of the period I mention, over the last 3 ½ years, today’s will make only the second such report that will include info regarding MMP Licenses subsequent to the quarter’s close, this DESPITE over 60 licenses being signed in that same period.

More likely than not, they do so, simply because they can.It allows them to cover more overall business dealings in one communication device rather than issuing a PR, or waiting until the next 10q if the news doesn’t require an actual filing or isn’t worthy of a PR.So there are practical and sensible reasons for doing so, no doubt.And it’s more common to do so, than not.

However, for a company with a SERIOUS market perception problem, and one who has suffered gaff upon gaff, there comes a time where it makes sense to be proactive, and make some changes in your strategies, especially when they’ve worked as poorly as they have in increasing the PPS.Considering the control PTSC gave to TPL through the master agreement whereby they have to allow TPL time to review and comment (read: approve) on even PTSC’s REQUIRED SEC filings, being proactive and filing early is one way to demonstrate that they’ve made some progress against TPL in regaining control of OUR PUBLIC COMPANY, something I think the market would view favorably.

02-28-10

Subsequent Events

We’ll see some MMP license news today I suppose.We know roughly $7M in new licenses were brought in by PDS.

11-30-10

17. Subsequent Events

Nothing about new MMP Licenses

08-31-10

13. Subsequent Events

Nothing about new MMP Licenses

05-31-10

7. Subsequent Events

During July 2010, the license receivable balance of $2,000,000 was received by the Company.

02-28-10

17. Subsequent Events

Nothing about new MMP Licenses

11-30-09

17. Subsequent Events

Nothing about new MMP Licenses

08-31-09

17. Subsequent Events

Nothing about new MMP Licenses

05-31-09

19. Subsequent Events

Nothing about new MMP Licenses

2-28-09

17. Subsequent Events

Nothing about new MMP Licenses

11-30-08

17. Subsequent Events

On December 22, 2008 Asustek purchased a MMP Portfolio license ending its involvement in the T-3 litigation.

8-31-08

15. Subsequent Events

Nothing about new MMP Licenses

5-30-08

17. Subsequent Events

Nothing about new MMP Licenses

2-29-08

11. Subsequent Events

Nothing about new MMP Licenses

11-30-07

10. Subsequent Events

Nothing about new MMP Licenses

8-31-07

9. Subsequent Events

During the period September 1, 2007 through October 10, 2007, Phoenix Digital entered into license agreements with third parties, pursuant to which it received aggregate proceeds totaling $1,433,000.

05-31-07

15. Subsequent Events

During the period June 1, 2007 through August 9, 2007, Phoenix Digital entered into license agreements with third parties, pursuant to which it received aggregate proceeds totaling $500,000.