Dear JT:

Yesterday's PR was totally uncalled for. It destroyed shareholder value and today's trading action confirmed it. If your are being muzzled, then keep your mouth shut. There is no need to tell the world  that insiders can't be trading. Most of us know what NDA means. Smart folks on this board figured out that we settled shortly after PACER filing. It seems to me TPL is in the driver's seat and your hands are tied. If that's the case and your feel that you can't do what's best for shareholders, then maybe it's time you take 50% of our porfolio. If possible, split the  MMP portfolio and walk away from MA. I hope TPL does not come out and signs a side deal with one of J3's. I think it's time you step up and take control. Going forward, PTSC at the top need clear vision, mission and CEO with b-lls of steel. You have my full support and hopefully most of other longs on this board. Just my 2c,. For any one who may think it's bashing, take it as you wish. Long and stong, all the way.