Billbow wrote: "For starter people need to quit bashing the BOD."
Please tell us what, in your opinion, the PTSC BOD recently did to in any way influence the recent activities such as Markman rulings and licenses reported (other than by keeping out of the way).
Then tell us what they have done that would warrant them to almost certainly consider increasing associated stipends, bonus/salary and/or option grants.
Remember: Our Chairman, Carlton Johnson, is not devoted anywhere near 100% to PTSC business and is embroiled in the Peregrine situation. His 2011-2012 income from Peregrine included an annual base retainer of $90,000, an annual retainer of $60,000 for his role as chairman of the Audit Committee, and meeting fees of $10,000 (i.e. $160K) plus $280,969 in stock options awarded. This in addition to membership of other BODs as well as his employment as a senior executive working for Eric Swartz.
See the emerging http://zlkdocs.com/PPHM-Info-Request-Form-403 Breach of Fiduciary Duty (PPHM).
Additionally, Gloria Felcyn still apparently "has her shingle dangling" for her accounting business in Saratoga, CA, which presumably yields an additional income stream for her.
Tell us why we even need 3 people doing the work that less than one would be expected to do in most small public companies. May as well just outsource the job to Leckrone & Co.
Ever hear of "The beatings will continue until morale improves." - for PTSC, it's not a joke.
