Nothing out of PTSC since the bankruptcy hearing with TPL. Not good 4 U folks and really not a surprise. My guess is that since Cliff Flowers is such a sucker(or a possible blackmailed accomplice of Dan Lecrone because something is being held over his head) he took the #$*& sandwich Lecrone wanted to hand him instead of the deal agreed upon between PTSC and TPL in July of last year. PTSC was supposed to get 2 halves of the potential MMP licensees and be allowed to pick one for their new licensing entity, Dominion Harbor. According to PTSCs owns lawyers as recently as December 19th, TPL decided to breach this agreement and only wanted to give PTSC a small list of low potential MMP potential licensees. TPL argued that each potential MMP licensee required 2 hours of labor to determine its value so they did not have time to split up the potential MMP licensees. I am sure they had 1 guy working on it part time to reach this conclusion. Technically not outside of the agreement but par for the course on how TPL and Alliacense rip PTSC off by skirting the intent of their agreements. There is no reason to hold PTSC stock. Flowers and PTSC management are so weak that Lecrone and Alliancese, which is owned by him run by his son and in the same office space, will simply rip U all off in some other way. Probably by inflated expenses in my opinion (which I think they have regularly done for almost a decade- U know charging the mansion in England for TPLs "office" there). Basically, IMO, PTSC floated all of TPLs expenses for their entire business. Do not be suckers in this stock. you cannot win. PTSC management are obviously, in my opinion, in some kind of bind where they have to do TPL/Lecrones bidding to keep quiet. You will never be able to prove anything in court. I recommend selling your shares. Buy shares in a legit company that communicates their potential and is transparent not one that issues earnings PRs where they simply post a link to their financial filing. That should be a warning sign! The PTSC CEO will not say a word! He is too afraid of the litigation he already feels exposed to! It should make you wonder when the CEO/CFO is too afraid to say a single word. He is simply sitting in making 400k a year while the ship sinks. He knows the deal do you?
