http://finance.yahoo.com/news/propthink-yep-pphm-likely-sub-140001900.html

Now, moving on concerning Carl ...

I agree however, your point about Johnson is a valid one, but Carl has been spread thin with his involvement in (I think 3) other public companies for a long time; not to mention his otherwise employment duties as Swartz's inhouse lawyer.

Additionally, and I think more importantly at this stage, can PTSC afford to to be so closely associated with the Chairman of PPHM, who is also the Chairman of the Executive Committee of PTSC, (effectively the acting Chairman of the BOD) and PTSC's representative to the PDS BOD, where the suspicions and concerns about PPHM's corporate activities seem to be expanding and intensifying.

Gloria ? Cliff ? .. We're watching how you two protect PTSC investors interests, and what remains of PTSC's reputation among investors, as revelations with PPHM continue to unfold.

Lets see if this remains true... From PTSC's Corporance Governance :

"During the past ten years, no director, executive officer or nominee for our Board of Directors has been involved in any legal proceedings that are material to an evaluation of their ability or integrity to become our director or executive officer."