People had been asking about the BOD buying stock 'with their own money'.
The counterpoint was "What if JT (or others) showed his belief in his ability to grow the company by relying on his significant and fully vested options and a token salary?" 
Both questions were looking for a sign of commitment to his personal growth being more closely linked to his growing PTSC's value over time.  His salary of $225K (plus applicable Directors fees etc and an unquantified bonus [p13-14]) is certainly not high for the title, so it is fair to say he does have a lot of upside in stock price.
The response to the "$1" question could have taken many forms, but I doubt anyone expected "I have a big dog" to be one of them, any more than anyone expects the CEO of a company to publicly say "I don't know how to fix the stock price". 
TPL and the legal teams are doing most of the face work for revenue negotiations it would seem. JT and the Board will presumably be leading the M&A negotiations.  The principals of the 'targets' are likely to ask difficult questions and their 'first impressions' on responses will count for a lot.
JT has a marketing and consulting background, has apparently been quite successful at it and there is certainly a place for such skills and 'charisma' in a growing company.  However, concern expressed by some at the meeting seemed to relate to the experience and skills needed to close win-win M&A agreements and to react to tough on-the-spot business-related questioning.

Let's see how well JT and the BOD protect and invest the 'cash in the bank' and how quickly they announce their business plan once the January decisions are made.  Between now and then all efforts should be on the two business plans - so they are ready to roll. We'll know within 4-6 months.

The Google founders, and others, have certainly sold a lot of stock and made huge fortunes, but they did it by showing personal belief in their decision-making abilities, by following a plan and by taking their profits along with their shareholders.  Others have taken huge salaries, bonuses and stock option profits while shareholders lost significant amounts at the same time.