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Message: Re: NEXT SHM - BOD needs very good Bodyguards -eom

Re: NEXT SHM - BOD needs very good Bodyguards -eom

posted on Apr 10, 2008 02:32PM

I don't advocate violence but, consider this- don't you think if there is sleight of hand going on here that cuts out the retail shareholder, shouldn't your ire be directed at TPL/Alliacense? If indeed we are being cut out of the proceeds via business resolutions that only benefit TPL, would it not follow that TPL is not acting in good faith relative to the master agreement that outlines the sharing of the MMP portfolio?

It clearly states that TPL must act in the interests of the partnership, does it not? Legal opinions appreciated here.

If TPL/Alliacense & perhaps Intellasys are allowed to "make off with" unquantified intangibles through some murky business resolutions cut on the side with the major players here (J2.5) then proceeds from those business resolutions in their entirety should be made to necessarily flow through PDS, should they not?

Obviously this is all hypothetical.

Opinions and comments welcome here.

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