Good points Ease.

I actually believe some who bash Pohl, the BoD and S&L should think things through a little more.

First, between shares and warrants, S&L "owns" about 15% of this company. Show me one solitary corporation out there where an outside entity owns a 15% interest and doesn't have respresentation on the BoD. Just one....

Second, all this about TPL - personally, I very glad we teamed up with them. Besides one concern, we win from this arrangement. The only concern is whether TPL may make some sweetheart settlements towards enhancing the probability of future business ( ala Sony, or so we suspect). I think I can live with that. And if happens again and is very blatant, PTSC has legal recourse.

S&L, those nasty, nasty people. While I doubt the nastiness continues to exist, there's one thing I believe MUST be acknowledged - actually three at this moment in time:

1) These are very smart people. They know how to make money. So nearly everyone here is all upset that they have too much control. Personally, I like it when the smart business folks who have demonstrated they know how to make tons of money are in control.

2) These guys hang in here just like we do. They only dump to convert, it appears. They ARE interested in the long term success (obviously not the very short term), just like we are. They are cooperating. They are selling to convert - and they don't have to do that. They are selling carefully - and they don't have to do that either. These guys, IMO, are at this point much more our friends than our enemies.

3) They are demonstrating remarkable confidence re: the litigation. They seem to be hanging in, which IMO is a HUGE vote of confidence. They are undoubtedly fairly "close" to what's going on on all legal fronts. To put this into perspective, if YOU held near 40M shares of a security (representing about $22M), what would YOU be doing right now? A major litigation event looming, and one that can be seen as "do or die". I suspect 90% of those on this forum would dump 20-50% of their holding to hedge their bet. It's a lot of money at stake. Yet they hold (except for some probable minor selling to convert). Smart people that have everything at stake that we do, and more, with some inside visibility, and they are holding. Speaks volumes.

Now the BoD. This gets dicy in my thinking, but I will say that something should be done about compensation (tie it to performance).

Sorry for the interuption. I'm sure some want to go back to bitching about S&L and their seat(s) on the BoD. I just wanted to throw in my little thoughts on the matter.

And I KNOW nuttin'!

SGE