I just received my PT-04 transmitter in the mail yesterday and opened the package right up to test these out.
I immediately had some issues. I am using a Canon 300D DRebel and a 420EZ in Manual mode.
I turn on the transmitter and receiver, switch them to the same channel, and push the 'test' button. Both LED's on the receiver and transmitter light up. So far, so good. I then attach the transmitter to the 300D's hotshoe, and the receiver on the 420EZ's hotshoe. I push the test button, but get no flash. The LED's are lighting up, but there is no triggering of the flash.
I can attach the receiver to the transmitter via the PC and phone adapter that came with the transmitter/receiver. I can then push the 'Test" button and get a trigger and the flash fires.
As long as I have this cord attached, I can get a trigger, and the flash will fire, but as soon as I unhook it, there is no triggering and no firing of the flash.
There are no random mis-fires as I have read about previously, there is just a lack of firing period when the receiver is attached to the flash's hotshoe and the transmitter is attached to the camera's hotshoe.
Any ideas as what to do to remedy this problem?

