Exactly!

PTSC stated in writing after the settlement in Texas that it would be included in the April Q.

1) If it was then we settled for peanuts and continue to undervalue the patents. If this is true, what does this say about the power of the MMP or our licensing partner TPL. The statement all parties were pleased with the settlement terms, means that PTSC agreed to the settlement. This just seems very unlikely considering we had a favorable Markman.

2) The J's settled for an on going payment plan. If this is the case some acknowledgment of a different collection method other than one time fees should have been disclosed in the April Q. Otherwise insiders are privy to information hidden from shareholders. If this is true, then this means the companies BOD is trying to hide information from shareholders for their gain not ours. The follow up letter by RG makes no mention of a change in collection of license fees from one time payments.

So in both case, what do we own? The MMP is not worth much or we have a corrupt BOD at PTSC.

If we can't trust our BOD or the MMP then what do we really own?

Steve