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Message: oscar / Re: Teremoto
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oscar / Re: Teremoto

in response to by
posted on Dec 20, 2007 07:48PM

What "quagmire" are you referring to?

TPL and PTSC have split over $200M in license fees over the last 2 years, and that's what we know about. Factor in the last 7 licenses and that could well be an additinal $200M alone.

S&L warrants are done. If Johnson being on the BOD gives S&L an inside influence, he will be moved in time. S&L has paid for the right to sell shares whenever they please, just as each of us has. Frankly, if you look at the posts on the subject over the last year, you'd think S&L has been selling billions of shares. However, the filings show them selling much less than most people give the credit for.

If you think TPL wants the MMP to themselves, they have had a strange way of working that deal. All they've done is drive up the price of the MMP by signing licenses and eliminating legal opposition. They've INCREASED the value of the MMP. Hardly the coniving stealthy theft plan you imply. If PTSC wants to sell their half, they'll get a lot more for it now then they would've at any time in the past.

Take a breath and realize that you're talking some really black helicopter theories here. Just because the pps hasn't spike to $2.25 again or higher over the settlements doesn' t mean that the settlements aren't huge wins. They may or may not be financially, we'll find out soon enough, however, fundamentally they are HUGE wins, and a muzzled PR doesn't change the facts. When USPTO rules, and especially if it goes in favor of PTSC as it seems likely to, any potential infringer will either have to sign, or fight the same battle the J5 did, a battle they abandoned because they felt they probably wouldn't win.

PTSC has broken loose, and Turley's M&A plan will provide the path forward that allows PTSC to be a pretty dynamic company, collecting IP licensing revenue on one side, and creating revenue from product sales on the other.

You seem pissed about the PR, which I think we're all disappointed in, but fundamentally, things have only improved steadily and exponentially over the last 2 years. That's the facts.

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