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Much selling today! When PTSC is delisted from the OTC BB as the company says will happen in June (in their last SEC filed financial report) if the stock remains below 1c. (which it will as there are no legal events until the appeal is decided probably in mid 2017). My bet is the stock goes to 2 tenths of a penny when delisted. You could have sold a few weeks ago for 1c! I would recommend selling before it goes sub 1/2c. Only the appeal news is coming. PTSC CEO/CFO Cliff Flowers is certainly not going to do anything in the mean time as he typically does as little as possible and makes deals with his toxic TPL "partner" and gets burned over and over again never learning.
No news for PTSC for 14-18 months and the reason for this is that is how long appeals take to be heard in the Federal Circuit. Since PTSC has about 12 months of cash left according to their own financials I am not bullish on the stock. Why hold a stock which could go to zero easily when no news is expected for about 1.5 years? I have no idea.
I am a friend of URS try N 2 help out with my excellent knowledge of the law and the current political scene when it comes to patent trolls like PTSC. Believe me it is a lost cause with this stock my friend for many reasons which I have stated. All can be independently verified. Jus say n!
I am just a messenger and I expect folks to research PTSC before investing. The company is done in more ways than one. Even with a court win their "partner" will not give them the infringement warning letters and reverse engineering info to have a chance of getting settlements. A court win in an appeal is impossible and almost never happens unless their is a "clear error" standard met. At any rate appeals take 14 months to even be heard from when filed. PTSC filed in December of 2015 so their appeal will be heard by April of 2017. Then that take 2-6 months to decide. Maybe by late 2017 there is a decision. PTSC said they will run out of money in about 1 year. The company will be out of business before the appeal is even heard. SO the federal district judge basically has to be way off base to get over turned. That is not the case here as Grewal's ruling was very well reasoned and he chastised PTSC for disclaiming several prior art technologies to get their patent approved. Those prior art technologies happen to be the ones the defendants are currently using so they do not infringe. Plain and simple.
ALSO- PTSC HAS SAID IN THEIR OWN FINANCIALS FILED WITH THE SEC THAT THEY WILL BE DELISTED FROM THE OTC:BB AND WILL STOP TRADING THERE AS THEIR STOCK TRADES BELOW 1C AND DOES NOT MEET THEIR MINIMUM BID STANDARDS. This is a disaster for the stock on top of multiple other disasters. If you do not sell by June you may not even be able to sell at all or if you can the brokers fees will be HUGE. This is a fact my friend.
Don't people think that if EDIG had a lock on the entire use of sensors over the internet to inform and help people make decisions somebody besides EDIG and the message boards would have written about it since its public introduction in March of 2011? Not one independent article other than the 20 year old who submitted an article to SeekingAlpha which was not specifically about NONECHI. Like with flash memory EDIG has "me too" patents that nobody in fact needs. EDIG simply gloms on to the tech trends of the day which was flash memory in 2000 and now it is sensor tech. and pretends to be leading the parade. I expect they will once again be proven to have little shareholder value. I think the tiny size of the flash R patents proved that point.
Paging the "SeekingAlpha" 20yo kid! You know the genius who wrote the article on EDIG (one of the only ones you will ever find on the internet not from the message boards) saying that it was an undiscovered gem! Snicker. To his credit he did say to wait until the financials to see how big the Apple settlement was! That turned out to be likely less than $200,000. EDIG "investors" were certain their ship had finally come in for their treasured "little company" after 15+ years of waiting (like what investment produces no tangible results in 15 years!) but like over a dozen times before nothing! Somehow EDIGs plans got foiled yet again by the evil big corporations and corrupt judicial system! EDIG has been selling their BS implied potential literally since almost the day he was born. Now nobody talks about that genius kid!
EDIGs "investors" are actually the customers of their business. The actual investors are the financiers and employees. The website was re designed to keep them engaged and forever hopeful. Only a distraction. Just like EDIG is now supposedly working on a NUNCHI + Microsignet demonstration prototype because it had been over 1 year since they said they working on a NONECHI prototype and EDIG realized investors were beginning to get suspicious. That is what EDIG does whenever one of their potential implying PRs starts to get old. 15 + years of carrots!
Just trying to help out and make sure other folks do not stumble into this fly trap. Many do not read the legal filings or SEC stuff so it helps to inform them.
PTSC says 1yr of money..Appeals take 2 years at the most but at least 14 months to even be heard. Then the judges take their sweet time to decide and appeals are rarely successful. This is according to PTSCs own SEC financial filings. PTSC has not even filed its opening brief in the appeal! Company is a goner and I sure hope people do not invest in a lost cause. Fortunately these posts come up so potential investors are fore warned!
http://photos.imageevent.com/banos/ndocfedappeal/MOTION%20of%20Appellant%20PDS%20to%20extend%20the%20time%20to%2003-10-2016%20to%20file%20the%20appellant%20petitionerqus%20principal%20brief%20Response%20Opposition%20is%20due%2002-16-2016%202-2-16.pdf
$$$$ In EDIG we trust $$$$ because they have always been so honest about their potential for the last 15-20 years! Snicker. I really would like to hear a rational explanation about how you can trust a company that has not had a single PR live up to its implied potential over such a long period of time. There is nothing illegal about this but investing is based on trust and I do not see any of that here! I assume since the stock ran to many dollars in 2000 there are a large number of shareholders with really high share cost averages who refuse to believe a company would exaggerate its potential. Happens all the time!
I post to help inform folks about what a mess PTSC is so they do not get sucked in by the company propaganda or people pumping the stock. All my info is from SEC filings or legal filings.
Soon PTSCs lawyers will quit with no payday anytime soon in my opinion.
1. PTSC says they will be out of money in about 1 yr. and have no form of income in their SEC filings.
2. You have a lost federal case and an expired patent. Appeals take 14 MONTHS and are rarely ever successful.
3. Delisting from the OTCBB is imminent according to PTSC own SEC filings. Once delisted trading will be very expensive if even possible. You may not even be able to sell for any tiny amount.
4. PTSC can get none of the infringement letters or reverse engineering data necessary to pursue accused infringers from their toxic "partner" TPL who controls Alliance (TPLs Lecrone claims Alliacense is independent of him even though it is run by his son out of the very same office! Snicker he is gaming U suckers).
Time to take my advice (this time) and sell this junk folks there is simply no upside that I have heard articulated.
EDIGS NUNCHI tech is revolutionary! It is so great and valuable that EDIG has sat on their hands for the last 4 + years and done nothing to produce a working example! Look what this 20 year old master investor has to say about EDIG! Its all good folks!
The Apple license for Flash R is gonna be HUGE according to this guy back in 2013!!!
http://seekingalpha.com/instablog/3096471-tom-shaughnessy/2523211-e-digital-an-intriguing-and-undiscovered-ip-play
Microsignet sighting!!!!!!!!! EDIG inside (tm) ???????
Microsiggy is out there folks!
http://verayo.com/
Oh wait they have their own IP and have been around since 2005. Yet another example that EDIGs "tech" is not as broad as folks think. Still EDIG sightings continue for the 15 year. They never actually amount to anything. "Fred" of "Anton" are not your friends and they are not there to help you.
New website!!!! New lawsuits = $$$$$$ This is so exciting people are really revved up about the new EDIG! Yup we so smart to have invested here ahead of the nay sayers over the last 15 years.
I do not understand this loyalty to PTSC and Cliff Flowers and their board. They are just playing out the remaining money in this company for their own interests in my opinion. They know it is a lost cause but Cliff Flowers makes 400k a year to do ? and the board get 60k a year for ?. They will stretch this out as long as possible to make their coin and share holders are really not part of their consideration. The MMP patents are HISTROY EXPIRED and now rendered legally worthless. Anywho you have been warned it is legally a lost cause folks. Even if you somehow win PTSC will be long bankrupt by then and keep in mind federal appeals are almost never successful. Young progressive diverse (people of color) judges like Grewal and Chhabria are the future as they represent the demographic makeup of the US in the future (both are in their 40s working on eventually being Supreme Court Judges) and their careers are never going to be tarnished by any appeals court made up of old white men. Just say n folks it is a political reality. Most peeps have no idea about patents or the law today and I have called it correctly for some time. You could have sold at 10c! 1000% higher than now! It will be in the .001 range soon and you will be lucky to even be able to sell when this junk hits the pink sheets!
PTSC now a TECHNICAL SELL! Lookout BELOW! See the link folks you had UR chance 2 sell. Tried 2 warn U!
https://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=PTSC
Mafia run pump-a-dumps on the OTCBB where PTSC trades are huge right now folks. PTSC management may know nothing about their specific schemes but they pump up stocks like PTSC and sell them in their boiler rooms to unsuspecting penny riches folks (known as "marks" or.. lets be clear suckers)and inflate the price so they can make $$ selling their pre pump bought shares! I suspect that is happening here my friends because there is no reason to own this stock with no earnings and a lost court case. The OTCBB PTSC trades on is NOTHING like the pink sheets they are going to once they are delisted in June (which the company acknowledges will happen if the stock continues to trade below 1 penny..which it is now). Please, my friends, sell UR remaining shares before this happens. I feel those less knowledgeable about the stock market, patents and the law can benefit from my experience and I want to help you. I have been trying to help since the stock was 1000% higher. If you had only listened to me you would have saved a LOT of $$. It will be 10 times lower still soon so listen to me this time folks.
Below 1c! Delisting back on for JUNE! PTSCs own last financials said so! This means that you will have a very hard and expensive time selling shares if you can even do so. Also, the technicals now say PTSC us a sell and new downtrend is going to happen. It would just be resuming PTSCs steady march to 0.0. Why not there is no income here and a completely lost federal case. Nobody is going to pay a penny for a MMP license as long as the courts say there is no infringement (if your toxic partner would even ever give you the info you need to make a claim!). Legal resolution is years away and appeals are almost never won and even worse so since the federal courts and legal precedent does not support patent trolls like PTSC who make NOTHING! Come on folks stop resisting out of stubbornness and use reason and sell the shares and show PTSC you will not be taken advantage of by their hype! Just try N 2 help.
$$ EDIG NEWS $$ Yet another lawsuit! I have not doubt this PR will be as successful in generating lasting share price increases and revenue as the last few dozen. BUT THIS TIME IS DIFFERENT!
$$$ EDIG THURSDAY $$$
To avoid delisting PTSC is BUYING shares to prop up the price above 1c for 10 days in my opinion. This is perfectly legal and gives you all a chance to get out at a very good price before the demand PTSC has created evaporates and the stock slumps back into its lower and lower price pattern (you only have a few more days before this happens!). Just saying folks. Soon PTSC will be off the penny riches stock board and on the true pink sheets and you may not even be able to trade or sell at any price. It is also very expensive to sell shares on the pink sheets even when you can. I hope you all will listen to me (this time) and sell while U can.
Oh look, shiny! New website!!!! Partners "soon" fro NUNCHI EDIG has had their top men on it since 2011! Nunchi demo prototype first announced over 1 year ago..."soon" NO WAIT now we have to wait for the "pluto" prototype that will buy them even more time! How many years do folks have to see this string along carrot game EDIG has been playing forever to realize there is nothing there? Never been a real partner which is something EDIG has been talking about since 2000 because their tech is not proprietary enough to bar other implementations.
This court ruling does NOT look good for PTSC:
"Appeals court says first patent troll hit with fees under Octane must pay up
Judges approved award, but vacated the $300k amount for further consideration."
http://arstechnica.com/tech-policy/2016/01/appeals-court-says-first-patent-troll-hit-with-fees-under-octane-must-pay-up/?comments=1
Eventually AFTER a reverse split lowering the number of shares PTSC will have to sell new shares to raise money as they have no potential for income any time soon. Nobody is buying a MMP license while it is in the courts and that will take 4 years to resolve. Also, as the TPL bankruptcy documents clearly state, PTSC has NONE of the past infringement letters or reverse engineering info needed to prove infringement. TPL retained all that info and refuses to hand it over. The next bankruptcy court hearing to resolve this is in JUNE! Even if you had a court victory today you still could not sell any licenses without this info. Listen I am just trying to keep it real and help folks understand what junk this stock is using my excellent understanding of tech patents and the law. I am trying to serve as a counter to all the pumping (paid?) that goes on with this stock. I also actually read the financials and legal documents unlike most shareholders so I have valuable information.
To avoid delisting PTSC has been buying shares to keep the stock at 1c of above for 10 days in my opinion. They are already authorized to do so. I only read the financials and deliver the straight info the company hides in the financials. PTSC said in their SEC filed 10Q that they only have enough money for about 1 year (the appeal takes 1.5-2 years) and they are out of compliance with the penny stock board listing requirements and they will be delisted in June and are considering a reverse split which is usually lethal to share holders. Most peeps do not actually read this stuff they just trust the company pumping PRs. I am just trying to help. Now would be a great time to sell because certainly nobody is buying the shares but PTSC, in my opinion, because there is absolutely no reason to do so since the appeal takes 14 MONTHS to even be heard then 3-6 months to decide. You have company demand to sell into because without it the stock would tank if you tried to even sell 10,000 shares. Then you would have a trial if PTSC is successful in the appeal which takes another 1 year then an appeal which takes another 1 year at least. PTSC will not even see a tiny bit of revenue until at least 2019-2020. If PTSC even exists then they will have over a billion shares outstanding. NO REASON ON EARTH TO HOLD THIS STOCK. Sad to watch all the denial but those are the known facts friends.
10Q-Notice there is just over one year of cash left
PTSC says in the 10Q they expect DELISTING by June 11! This is why shareholders need to read the 10Q financial report. Good luck trading the stock if it is off the OTC exchange! It is all right there! Sell now and get out before it is too late. From the most recent 10Q:
"On November 10, 2015, the closing bid price of our common stock dropped below $0.01. On December 14, 2015, we received a letter from the OTC Markets Group notifying us that we were not in compliance with the minimum bid price requirement set forth in the Standards for Continued Eligibility for OTCQB pursuant to the OTCQB Standards Section 2.3(2). Pursuant to such section, we have a 180 calendar day grace period to regain compliance. In order to regain compliance, the minimum closing bid price of our common stock must be $0.01 or greater for ten consecutive trading days. If we do not regain compliance by the end of such 180-day period, or by June 11, 2016, our common stock will be removed from the OTCQB marketplace."
"We are evaluating various alternative courses of action to regain compliance with the OTCQB minimum bid price requirement, including submitting a proposal at our next annual meeting for our shareholders to approve a reverse stock split."
PTSC has legally admitted they R done. U should take the time to read the legal filings (many peeps seem to rely on the company pumping PRS!). If U sell now U can save UR self some cha chang! The penny riches pumpers R on a fools errand. Sell UR stock and go buy a cup of coffee!
PTSC is legally finished. U R indeed a penny riches dreamer. PTSC has legally admitted no company infringes on their MMP patent. It is a fact. Folks need to grow up and dump this junk it is over.
That was license revenue BEFORE the fatal Markman ruling friend. Patriots quarter ran from Sept-Nov 30. That was when PTSC had leverage.....then the judge neutered your patent. No licenses since then! The markman ruling was sept 24 then on Sept 28 PTSC said they were conceding defeat in the case. The only announced license was Sept 28. No doubt this license was negotiated before the ruling.
When PTSC runs out of money.PTSC CEO/CFO clears $400,000 a year and the board of directors make about $60,000 for what I do not know. Obviously this is the only reason PTSC exists at this point since federal appeals are rarely successful. I bet the appeal all the way to the Supreme Court so they can collect their pay checks longer!
Nobody is going to buy a MMP license since the federal judge said the 336 patent is for a technology nobody uses. PTSC own lawyers even said nobody infringes on the 336 patent as the federal judge has determined. Even if the 336 was not finished legally nobody is going to buy a license because TPL/Alliacense has all the required infringement warning letters and reverse engineering data and to this day will not give it to PTSC. Also the patent is EXPIRED! Wake up friend it is over. Still time to sell before this either hits zero or gets delisted.
No need to get sore. I am just trying to help U save some cha chang! PTSC is a goner and even if everything worked out perfectly you cannot speed up the appeals process which takes 14 MONTHS to even be heard then 3-6 MONTHS to decide. IF you somehow win then the case gets remanded back to the court that spiked URE case in the first place and they will look to spike it in any other way possible by granting defendants motions that further hobble URE case. All this will take another year at least. Then, if U somehow win there is an appeal which eats up another YEAR. All told U R talking 4-5 years before this is resolved. By the way PTSC has no income and will run out of $$ way before then. Try N 2 help U!
Dude its over for PTSC. The stock will go to zero sometime in 2017 once the appeal is lost as they almost always are. This patent troll is done and no federal judge who wants to advance, which requires the Democrats approval, will help trolls like PTSC. Just say N!
Many are enthralled with the legal process and assume if a lawsuit is filed then EDIG is right that there is infringement. I think EDIGs past performance has proven they are out for nuisance value settlements. Actually they get much less than that. Nuisance value settlements are 1-3 million not the $100,000 or so EDIG gets. EDIGs goal is to get to the "discovery phase" of a lawsuit which is very costly legally and will make their tiny settlement offers seem a good deal. Who could actually trust them at this point! EDIG clearly said in a conference call in March of 2011 they would have NUNCHI partners by the fall. When that did not happen investors simply moved the goal posts to say that EDIG was afraid their patents would be stolen (again..snicker) so they needed to have patents actually granted first. That happened then some other excuse. Very sad to watch.
"tteddy" so convinced EDIG somehow has shareholders best interests at heart after all these years. EDIG says they infringe so therefore they must! All EDIG is doing is using confusing tech patents to file nuisance law suits. I think their history proves thisis false and tech patents are proven fertile ground for this type of nuisance lawsuit. I stopped trusting EDIGs claims to fortune for shareholders after the 4th or 5th PR was proven bust for shareholders. Sad that somehow they have "earned" the trust of so many.
Re: The phrase " nose of Wax "
justice is not twisted. Its the opinions of judges that is. The law needs to be read as writen and not understood however one opines
Paragraphs from Handal response that discussed here many times !
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Snicker....guffaw.
Because EDIGs message board techs and patent lawyers have always been so right over the years supporting EDIGs claims to be "valuable" which is a relative term. One thing I have learned about EDIG is their tech is only valuable enough to get nuisance value settlements that simply have guaranteed the few EDIG employees a pretty good career. Be happy for them!
Appeals are almost NEVER successful and PTSC will lose when the decision comes in 1-2 years. As long as the district court judge has a reasonable argument the appeals court simply affirms the decision. There is a very high legal standard to overturn a district court judges ruling. The standard is called "gross error". This means the district court judge has to be very wrong. That is not the case here. The judges decision was well reasoned. I bet most folks simply never read it and trust PTSC pumping PRs. Sad. Still time to get out folks.
Today was a pump a dump operation arranged on the dark web. You could not have sold 10,000 shares at a penny and a half without tanking the share price. Sad that some peeps keep holding this junk. If you tried to sell $1000 worth of this garbage the share price would have gone to half a cent. It is over buddie. 4 years to resolution even if PTSC somehow won the appeal which they will not as appeals are not ever successful. Look it up!
Bid now .0066 hope U sold the pump! Here comes the dump!
Did you also search the dark web for it?