"Because all your other penny stock BODs have turned in profitable performances."

Actually I've purchased four penny stocks in my life. I made money on one, broke even on the second, sold the third at a small lose and PTSC.....remains to be seen. The assertion that investors are foolish to expect penny stock management to act in accordance with the shareholders best interest, is ludicrous. Who would be foolish enough to invest in stock, land, housing etc. believing that it will always be a profitable venture? There are no guarantees in any kind of investment situation. From a definition perspective, certainly PTSC is a penny stock/ micro-cap. However, very FEW penny stocks can brag about generationing over $150 million in revenue. This is by no means a normal penny stock situation. With that said, it doesn't guarantee an investor any type of return. This discussion was centered around Mrs. Gloria's statement. Penny stock or big board, it makes no difference. The director of a publicly traded company should never praise, admonish or otherwise engage any investor in regards to buying, selling or holding a stock position.

The only BS around here is the constant assertion that somehow PTSC management should be treated differently, ie. a free pass, just because the stock resides on the OTC. I personally believe the outside pressure is forcing them to constantly look over their shoulders. Knowing they have an active shareholder base gives them reason for pause when making certain decisions. The company I work for has been traded on the AMEX for over 30 years. We are a highly respected micro-cap that consistently pays a quarterly divided, even in 2009 one of the worst years in the companies history. I answer directly to the CEO of my employeer. I don't need to be lectured by anyone in regards to how the BOD or management of a publicly traded company should conduct themselves. My employeer had 10 active board seats. The decision was been made to reduce that to seven. On average our directors make $10K annually. It was deteremined that a company our size didn't need that many seats. The board members agreed and voted to downsize upon completion of duty by three members. It was considered prudent and beneficial to the company and our shareholders. You can hear the general disgust in PTSC's voice when engaged with shareholders on the conference calls. They view themselves above investors and generally seem to forget what the definition of a publicly traded company is.

I'll tell you where I failed and yes, we are going to beat a dead horse. I knew the moment they issued dividends it was time to bail. However, I let the list of current/potential licensee's convince me this was only the tip of the iceberg. Even though as an employee of a micro-cap company, I knew that issuing dividends was grossly premature and certainly shortsighted. Spare me the warrant holder BS, it was all smoke and mirrors to move additional cash into certain hands. So yes, I failed in that regard. Beyond that, this company doesn't get a free pass just because it is a penny stock. The last time I checked they were playing with real money, from real investors. No one is looking for a PTSC miracle. Investors are simply demanding what is owed to them. Prudent decision making, transparency and most importantly, making sure the companies best interest are aligned with the shareholders best interest. Beyond that, there are no guarantees.