PTSC2010's Profile

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Re: Director Nomination - Pedro Lozano, Jr.

Mr. Milestone, what exactly are you trying to point out with your cut and paste? Do you have specific questions regarding my nomination or are you simply posting this to educate the agoracom board about the process that I am going through? Well though out comments instead of simple cut and pastes would be appreciated in the future.


Regards,


Pete Lozano

about 14 years ago
Re: More from Stan Caplan../Milestone

"I don't believe that you will ever have more nominees standing than there are seats available..."


There are currently 5 board members and 7 seats available on the bod. Why won't the bod allow nominees who followed the rules and are qualified to fill those 2 vacancies? What are they afraid of?

about 14 years ago
Question

Does anyone have any knowledge regarding a bod nominee who followed the current rules contacting the SEC regarding a board decision to omit from its proxy statement her/his name?


Anyone want to call Mr. Flowers and ask him? Wonder what the SEC will determine PTSC should do with their decision?


Milestone, you want to comment? Interesting case.

about 14 years ago
A Janitor from California

could run as a member for the PTSC board of directors and (s)he would garner more votes than any of the 5 current members, in my opinion. The current board is afraid of allowing anyone to run against them, because one of them would be ousted.


Just ask Mr. Flowers how many qualified nominees who have followed the rules have been denied the opportunity to be placed on the proxy by the board. I smell fear, fear of losing their positions. Imagine that you are a politician and you get to decide whether you want an opponent or not. This is the current state of affairs on the board at this time. If they don't want competition, regardless of your qualifications, all they have to say is "sorry, the current directors decided that they have the necessary experience in mergers and acquisitions/experience in the semiconductor industry to lead PTSC into the future, and have decided not to place you on the proxy."


Don't believe me? Call Mr. Flowers and ask him yourself. Time to make a change in the rules.

about 14 years ago
Re: Milestone

I am still awaiting your thorough standard response to my question:


Has any shareholder recently submitted their Vita to the board of directors for consideration as a member through the standard procedures available to all shareholders (I am not referring to Mr. Caplan)? If (s)he did, are you privy as to what (s)he was told by the board of directors through their attorney?

about 14 years ago
PTSC2010
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