Replies to post #13825 on Protagenic Therapeutics Inc. (PTIX)

[DiamondFire]

Thank you! I dont want to be any part of misleading information! Its just strange that for this entire run this is being brought up now - that they dont own it anymore.

...well its getting late, have to work early. ATRN without Kazaa is not as interesting by far: but still lead by Goldfarb, and its online advertisng seems to be really trending up. Still imo an excellent purchse at these levels - !

Good night board!

[DiamondFire]

Everyone please read pages 26-27 of 10q:

1) ATRN's Transactional Service segment REVENUES decreased by only 5% for nine months ended september 30th, 2011.

2) ATRN's Transactional Service segment EXPENSES decreased by $3.2 million or 16%.

3) ATRN's Product and Distribution EXPENSES decreased by $1.4 million or 53%.

4) ATRN's Selling and Marketing EXPENSES decreased by $.08 million or 28%.

5) ATRN's General, administrative and other operating EXPENSES decreased by $1.7 million or 24%.

6) ATRN's Depreciation and amortization decreased by $0.3 million or 34% to $0.6 million.

So, almost all their losses are from the Kazaa segment. And newsflash: they just terminated their Kazaa deal with Brilliant Digital as per Dec. 28th 8K:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8309870

Without Kazaa and its bleeding of money each quarter, this company is one on the verge of turning a PROFIT. If they sell some other assests like they said they were doing, continue to save costs like you see above, it seems that they should be able to pay off Brilliant going foward just on their revenue coming in from their lucrative Transactional Services.

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=8241320-1137-200955&type=sect&dcn=0001144204-11-064110

[DiamondFire]

...hey $$$$$: I just posted an updated sticky if you want to replace above one - with the Kazaa termination in place!

[Crazy Money]

They had a good song as #1 :-( :-)...