I didn't expect you to say "Yes" anymore then I would. I think the primary issue surrounding her statement, is simply that it was somewhat vague and open for interpretation. I haven't seen any information released by PTSC that would appear to be illegal. The licensing PR's are all factually based. We sold a license to XYZ company, done. The interviews by Pohl in the Wall Street Transcript were certainly not illegal, if nothing else it was simply one man's vision of what he saw for the future. You can't hold someone's vision against them, even if it doesn't pan out. None of these things are illegal. However, PTSC appears to have made great effort, during that time, to get the word out while Roswell Capital simultaneously unloaded shares. In hindsight that certainly raises some eyebrows.
The bottom line is, the board of directors have no incentive to move this company forward. Annual salaries above $100K don't necessitate the need to increase shareholder value. It does, however, necessitate the need to protect your own personal interest. Unfortunately there isn't anything illegal about that. When the very guardians who are in place to increase shareholder value have no incentive to do so, what is left other then protecting you own self interest? Let's see, we could put it all out there in an attempt to grow the company or, we can sit back tell the shareholders that cash preservation is needed while simultaneously insuring our $100K salaries? What to do, what to do?