There is no doubt that a final positive outcome in a long list of re-exams is good news.

If you were a new investor looking for a place to put your money, would you invest in PTSC and if so why?

Patents expire in 2015

Company has a history of poor performing CEOs

More importantly, company has a history of making bad decisions and losing on failed acquistions

BoD is highly compensated and no part of that compensation has been based on performance

CEO has not invested one dime of his money towards purchasing company stock and can't even vote at the shareholder meeting.

I have zero confidence that the BoD will, after so many failures, now suddenly have developed the experience and expertise to recognize a good acquisition. Without a business plan that address how they would now grow the company all I can hope for is a "wave of licenses" with a resulting dividend being paid to shareholders.