You say perhaps they couldn't buy because of a Blackout Period ? For 3 straight years ? They'd have to prove it to me. The SEC requires the Issuer to notify Directors or Executive officer when imposing a Blackout period, so there should be a well documented and specified written record. Besides, the company itself within that same timeframe has repurchased stock in their Buyback program, and we don't have a 10b5-1 plan on file that I am aware of, so it sure looks to me like Carl, Gloria and Cliff could have bought stock too ... IF they wanted to.

Carl and Gloria are actually minor company investors considering the length of time they have been among it's core decisionmakers and leaders. When you look at the company's Financial Statements and see the results their failed leadership and costly business debacles have brought us, that record of performance is likely telling us the clearest and most obvious reason why they don't buy company stock with those big PTSC paychecks; even with a share price of only 5 cents. Look at this stock chart of their leadership capability, business judgment, and their performance results on the share price over the past 10 years. In the main, we traded under 15 cents for 4 straight years, and as low as 3.5 cents; all while diluting the company through Death Spiral Convertable financing by approx 800%; then we had one very short very sharp blow off spike straight up, and it's been 6 years of grinding downhill back to 5 cents ever since. http://bigcharts.marketwatch.com/quickch...

As for Clifford, our CEO for 2 years and CFO for 4 years, he's never owned one PTSC share according to the SEC form 4 filings; and that after raking in $1.3M in cash compensation in only the last four years. Cliff has now also been on the BOD for 10 months, and he still isn't a Shareholder ! But as a PTSC Board Member Cliff's not alone, we had 2 other BOD members on the previous Board; one served for 1 year as Chairman of the Technology Committee, and one for almost 3 years as Chairman of the M&A Committee, they also took generous cash payouts and were not Shareholders in our company either. Frankly, to me, especially with a stock price costing less than a pack of gum, it's insulting, arrogant and offensive.

What a sad and extremely revealing commentary on the Executive Committee and the BOD's lack of corporate policy or appreciation regarding the importance and necessity of generously paid corporate leaders demonstrating confidence (instead of indifference) to their Investors, and actually being Shareholders in the very company they're being highly paid to make succeed. As it stands, the past 5 years have been an Employment and Paycheck boon to BOD Members and Executives, while at the same time Stockholders have suffered their Leadership failures, and seen any value in their Shares erode away; again becoming just 5 cents away from worthless.

Is it just coincidence that with little to nothing of their own net capital at risk in PTSC, they've failed to make this a successful stock investment ? I doubt it.

How convenient for them that most all of their compensation has been comprised of cash payouts rather than Stock or Options