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Message: Toxic / Cliff owns NO SHARES of PTSC
ASM
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Feb 12, 2012 05:41PM
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Feb 12, 2012 10:26PM

"Cliffs shares are public knowledge."

This statement is true, but what that PUBLIC KNOWLEDGE confirms is that Cliff owns NO SHARES of PTSC.

Per the last filing it was reported as follows. Please read footnote no. 3! Since this filing, there have been NO filings by Cliff indicating that he's exercised any options thus far, so technically, he owns no PTSC shares.

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS, DIRECTORS AND MANAGEMENT
The following table sets forth, as of December 16, 2011, the stock ownership of each of our executive officers and directors, of all our executive officers and directors as a group, and of each person known to us to be a beneficial owner of 5% or more of our Common Stock. In general, “Beneficial Ownership” refers to shares that an individual or entity has the power to vote or dispose of, and any rights to acquire common stock that are currently exercisable or will become exercisable within 60 days of December 16, 2011. The number of shares of Common Stock outstanding as of December 16, 2011, was 406,215,073. Except as otherwise noted, each person listed below is the sole beneficial owner of the shares and has sole investment and voting power over such shares. Each individual’s address is 701 Palomar Airport Road, Suite 170, Carlsbad, California 92011-1045.
Name
Amount & Nature of
Beneficial Ownership
Percent of Class
Gloria H. Felcyn, CPA
1,259,700 (1)
*
Carlton M. Johnson, Jr.
975,000 (2)
*
Clifford L. Flowers
900,000 (3)
*
All directors & officers as a group (3 persons)
3,134,700 (4)
0.77%
*Less than 1%
(1)
Includes 450,000 shares issuable upon the exercise of outstanding stock options exercisable within 60 days of December 16, 2011.
(2)
Includes 450,000 shares issuable upon the exercise of outstanding stock options exercisable within 60 days of December 16, 2011.
(3)
Represents shares issuable upon the exercise of outstanding stock options exercisable within 60 days of December 16, 2011.
(4)
Includes 1,800,000 shares issuable upon the exercise of outstanding stock options exercisable within 60 days of December 16, 2011.
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