Saturday, February 07, 2015 9:52:55 AM
There is no reason to hold this stock my friends. PTSC has no revenue stream and prospects for one look bleak. TPL/PTSC choose to settle with HTC to avoid losing the appeal and financial records filed with the SEC show the likely amount of the settlement was less than $1 million. Of that 33% goes to the lawyers contingency fee 50% goes to toxic "partner" TPL then 25% goes to the licensing company Alliacense (since TPL owns Alliacence and it is run by the TPL owners son it means that TPL basically gets 75% of all MMP revenue). When all is said and done PTSC gets maybe $100,000. Because TPL/PTSC settled they preserved their ability to get these small settlements which will make TPL. their creditors, the lawyers and PTSC management and board wealthy.....but the settlements will never be large enough to raise the price of PTSC with its 400 MILLION shares outstanding.
The next event is the stayed trials in the Northern District of Cali with a hearing on March 17 with Barnes and Noble. Maybe you have claims construction in late 2015 and a trial in 2016. This is dead money at best peeps and I see the share price slumping down to 1-2c before the trial in 2016. Then that gets appealed of course with a ruling maybe some time in 2017. I would recommend selling at this very fair price of 5c and checking back in some time in late 2015-2016 to see if anything develops. I sincerely doubt it will my friends.
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