IMO, it's important to note that through all the legal manvering of the past few years the following seems to have proven true:

• Though modified slightly in some cases, the Patents have all emerged from the USPTO as valid patents.
• PTSC's is 50% owner of the MMP (this is IMO, the most important part for PTSC shareholders and our only source of power and what shareholders need to protect and assert their control over management's disposition of this ownership)
• TPL rather than Chuck Moore, is the legal owner to the other 50% of the MMP.
• Seemingly withOUT exception, TPL and/or Dan Leckrone, has essentially either managed to craft and get partners to sign very one sided agreements or has outright tried to circumvent his obligations in the agreements TPL/he is party to.
• PTSC has a history of ineffective and arguably incompetent directors and management.
• Absent abilities to grow PTSC with the windfall of $125M plus in MMP revenues received to date, PTSC has reverted to stripping away any possibilities of substantial income from any source other than the MMP, and despite their protestations to the contrary, has essentially opted to be as opaque as legally possible regarding its dealings since its reorganization of 2009.
• TPL and PTSC have both been party to a strategy of amending the partnership agreements and navigating the legal proceedings that have, IMO, been geared toward facilitating the recent Chapter 11 filing by TPL.
• The MMP is nearing some defining moments in its prosecutorial history that could occur within the next 6 to 12 months.
• Aside from the 2006 spike, and a couple of subsequent more minor bounces, PTSC shareholders' interests have essentially been harmed by the activities of all involved
• Our own BOD member has explicitly stated to shareholders that we had our chance to make money on this stock in 2006.

IMO, there's not much argument to be had with respect to the above bullet points. My concern is that the players that have been involved in the shennanigans of the last 6 years are unchanged. Of the over $315M of MMP revenues that have been generated, based on the court filings of Moore, Brown, PTSC and TPL, astoundingly, less than $50M of it has actually made it into the hands of those who should have received the majority of that revenue generated by the MMP, that is PTSC shareholders and Chuck Moore, through dividends and distributions.

The rest has instead been distributed to TPL/Leckrone, PTSC Management and Directors, TPL "buddies" and PTSC "buddies" through failed business acquisitions and questionable arrangements, some lawyers and who knows to whom else.

Make no mistake, the likelihood that the intentions and the strategic maneuvers of these same players has now changed and is somehow geared toward benefitting PTSC shareholders to any greater degree is nil.

With all of this history as prologue, shareholders, IMO, should continue to be very wary of the dealings of PTSC and its partner TPL. At almost every turn, the fiduciary stewardship by PTSC on behalf of the PTSC shareholder has been essentially absent. Is there anything that would suggest that there is a reason to believe this will change?

This isn't intended to be a gloom and doom message. Rather, it's simply a warning to be vigilant and demand some clarity and transparency from PTSC about its plan at these critical and possibly monumental times of the MMP prosecution. Don't succumb as most have in the past to justifying their opaqueness as somehow necessary. To date, PTSC shareholders have essentially played Charlie Brown the kicker to TPL's and PTSC Management's Lucy the holder and in large part it's due to that head in the sand attitude from shareholders.

Has the strategy changed or are the details of the revised agreements that PTSC management has signed onto and perhaps had a party to crafting that have allowed TPL to continue to shirk its obligations simply going to prove again that PTSC management/directors have been looking out for themselves and not us.

Aside from the possibility that some positive ITC or T3 developments create enough of a buzz that the PTSC share price rises on the rumors and news, is there any other opportunity that PTSC shareholders' interests are being safeguarded?

What does TPL's BK filing potentially allow? What have PTSC management & director's done to protect PTSC shareholders so that our interests and returns based on positive ITC and T3 developments and MAXIMIZED and SUSTAINED based on our 50% ownership? Or, as in the past, are we simply relegated to being required to properly time our share sales because they weren't able to capitalize as a company on the opportunities MMP success provided.

If we believe as shareholders that the upside is there, are we prepared to demand that PTSC provide the transparency that proves that they have protected our ability to participate to the FULLEST in that upside? Are we sure TPL isn't besting PTSC management once again?

Be VIGILANT. It's OUR company and OUR 50% ownership. Our management and directors have thrown us into the snake pit, and we've been bitten repeatedly. At what point do we demand they remove the figurative (or perhaps literal, lol) snakes?